Green innovation

The need to strike a balance between increasing demand for natural resources and environmental sustainability has opened new opportunities for Malaysia to grow economically. Under its eleventh economic plan 2016-2020, a green economy – one that aims to reduce ecological risks and address resource scarcities – has been identified as one of the main drivers for development. In line with this new approach, emphasis is given to innovation for creating more environmentally friendly industries to enable the growth to take place. Thus eco-innovation is to be nurtured, in the spirit of this green economy, to support attaining the 17 Sustainable Development Goals (SDG), especially those related to responsible consumption and production, and action on climate change.