Asia Pacific > BRIEFING: Amid steel boom, Malaysia faces rising CBAM costs, climate target challenge

BRIEFING: Amid steel boom, Malaysia faces rising CBAM costs, climate target challenge

Published 10:04 on August 1, 2024  /  Last updated at 10:04 on August 1, 2024  / Nikita Pandey /  Asia Pacific, Carbon Taxes, CBAM, Other APAC, Voluntary

Malaysia is expecting rapidly rising carbon emissions from its steel sector, which is expanding utilising CO2-intensive equipment that could put its climate targets at risk while imposing bigger costs under the EU Carbon Border Adjustment Mechanism (CBAM).
Malaysia is expecting rapidly rising carbon emissions from its steel sector, which is expanding utilising CO2-intensive equipment that could put its climate targets at risk while imposing bigger costs under the EU Carbon Border Adjustment Mechanism (CBAM).


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