KUALA LUMPUR, May 10 – Malaysian Green Technology and Climate Change Corporation has encouraged businesses to adopt proactive carbon management.

Despite the government’s decision to defer the national carbon tax. While the delay offers short-term relief amid global economic uncertainties.

MGTC stressed that carbon pricing remains inevitable and companies should prepare by implementing internal carbon pricing and setting up carbon funds to support decarbonisation efforts.

MGTC also highlighted tools such as its online emissions calculator and the Low Carbon Operating System (LCOS) platform to help organisations track and manage greenhouse gas emissions.

Businesses are urged to channel investments into green initiatives eligible for incentives like the Green Investment Tax Allowance (GITA).

Strengthening resilience and competitiveness as Malaysia transitions towards a low-carbon economy.