IDEAS’ Report Launch and Panel Discussion – Carbon Pricing for the Malaysian Steel Industry: Incentivising Sustainable Growth
Carbon Pricing for the Malaysian Steel Industry: Incentivising Sustainable Growth is a policy report by IDEAS that builds on previous research to examine how carbon pricing can support decarbonisation in the steel sector. In the context of the government’s intent to introduce a carbon pricing mechanism for selected sectors, including steel (Budget 2025), this report aims to inform and support the design of an effective and equitable implementation framework. It explores practical options, identifies a carbon price level that could shift production and investment decisions, and outlines how revenues can be recycled to support industry transformation.
The event will launch the report and share its key findings with policymakers, industry leaders, researchers and civil society. This will be followed by a panel discussion bringing together voices from government, academia and the private sector to explore the practical implications of carbon pricing for Malaysia’s industrial sectors, including its role in driving investment and supporting the country’s broader climate and development goals.