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Denmark pledges support for Malaysia's green transition initiatives

KUALA LUMPUR: Denmark is deeply committed to supporting Malaysia's green transition through knowledge, strong public-private partnerships, and investments, said Danish Foreign Minister Lars Løkke Rasmussen.

He said Danish companies are eager to contribute Danish solutions to Malaysia through the newly established Green Transition Alliance, which will be a part of Denmark's future strategic activities in this country.

"The Alliance aims to support Malaysia's green transition by bringing together green thought leaders, expertise from Denmark's green transition journey, and key local stakeholders to explore joint public-private opportunities," he said during the reception at the official reopening of the Royal Danish Embassy in Malaysia here on Wednesday night.

According to Rasmussen, there is already a strong Danish commercial presence in Malaysia, particularly in the renewable energy, green fuels, energy efficiency, and water and waste management sectors.

The Embassy of Denmark in Kuala Lumpur, in a posting on its Facebook page, said Rasmussen launched the Green Transition Alliance - a partnership to foster even closer cooperation within green transition - during his two-day visit here.

The Alliance will provide a strong platform for Danish companies to showcase solutions that can help fulfil Malaysia's ambitious goal of carbon neutrality by 2050, the posting added.

Rasmussen noted that Malaysia and Denmark have a longstanding partnership on sustainable development – from the Danida Environment Programmes which started in the 1990s and ran until 2010 – to the current Memorandum of Understanding on Food and Agriculture.

On the reopening of the Royal Danish Embassy here, the Foreign Minister said it demonstrates Denmark's strong wish to strengthen bilateral ties, seize upcoming opportunities, and build on the great potential of both countries' growing collaboration.

"Malaysia is too important for us not to be here," he added.

The Royal Danish Embassy here was closed in 2021 before resuming in August this year.

Between January and October 2024, Malaysia's total trade with Denmark has increased by 12.9 percent to RM2.19 billion (US$1=RM4.45), compared with the corresponding period in 2023.

As of June 2024, there are more than 100 Danish companies in Malaysia, with investments in the manufacturing sector valued at over RM2.2 billion, creating 5,024 job opportunities, according to Malaysia's Foreign Ministry.-- BERNAMA

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