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Toward a green economy: Mapping SDGs against Malaysia’s annual budget

16 Jun 2021 | Wednesday

Toward a green economy: Mapping SDGs against Malaysia’s annual budget

Since the 11th Malaysia Plan (11MP, 2016–20), the nation’s economic development has been based on three main pillars: 1) a high-income economy,2) the promotion of inclusivity and 3)ensuring sustainability. In line with Malaysia’s Shared Prosperity Vision 2030, the UN Sustainable Development Goals (SDGs) have been incorporated into all the initiatives under the 11MP. This is to ensure its alignment with national objectives as well as to optimize resource allocation and proper monitoring (as illustrated in Figure 1). The government of Malaysia’s green pathway includes reducing the intensity of gas emissions to 45% of GDP by 2030.
 
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This article was first published in IFN Volume 18 Issue 22 dated the 2nd June 2021.