KPMG has published its first Net Zero Readiness Index (NZRI), a tool that compares the progress of 32 countries in reducing the greenhouse gas emissions that cause climate change, and assesses their preparedness and ability to achieve Net Zero emissions of these gases by 2050.
Net Zero primarily means reducing greenhouse gas emissions caused by humans as close as possible to zero, with remaining emissions balanced by an equivalent amount of carbon removal from the atmosphere. While the main greenhouse gas is carbon dioxide, which makes work towards Net Zero carbon the central task, the Index also includes emissions of methane and nitrous oxide.
In the Index, Malaysia placed 21st among the top 25 performing countries and is one of 10 countries in the Index that have set Net Zero targets in policy documents or political pledges but have not yet implemented any legal mechanisms that require their governments to achieve them.
Read the report to find out more.