| Title |
The road to carbon trading in Malaysia: unpacking knowledge and experience through scoping review and in-depth interviews / |
| Authors |
Alias, Amran ; Saarani, Asmawi Noor ; Amran, Azlan ; Abbasi, Munir A ; Ghobakhloo, Morteza |
| DOI |
10.24294/jipd.v8i2.3035 |
| Full Text |
|
| Is Part of |
Journal of infrastructure, policy and development.. Tustin, CA : EnPress. 2023, vol. 8, iss. 2, art. no. 3035, p. 1-21.. ISSN 2572-7923. eISSN 2572-7931 |
| Keywords [eng] |
emission trading scheme ; ETS assessment framework ; Malaysia ; scoping review |
| Abstract [eng] |
The emission trading scheme (ETS) is arguably one of the most effective approaches for encouraging industries to transition to a low-carbon economy and, as a result, assisting nations in meeting their goals under the United Nations Framework Convention on Climate Change to mitigate the challenge of climate change. ETS is gaining popularity as more governments throughout the world contemplate implementing it, particularly in developing countries. Much of the existing research has concentrated on debates concerning ETS operations in developed nations. This study is to give a discourse of the success criteria for ETS implementation that have been identified in the literature and then cross-referenced in the context of Malaysia. For this, the research used an integrated approach of scoping review of existing literature and in-depth interviews with Malaysian stakeholders. Using Narassimhan et al. (2018)’s ETS assessment framework, the scoping review identified five major attributes that lead to successful ETS implementation in a global context that are environmental effectiveness, economic efficiency, market management, stakeholder engagement, and revenue management. In-depth interviews with several groups of discovered stakeholder engagement as an essential attribute that would play a critical role in advancing ETS implementation in Malaysia. The study concludes by proposing a complete strategy based on empirical information and first-hand narratives, providing useful insights for politicians, industry players, and environmental activists. The recommendation is especially important as Malaysia strives to improve its commitment to sustainable and responsible development in light of the challenges posed by climate change. © 2023 by author(s). |
| Published |
Tustin, CA : EnPress |
| Type |
Journal article |
| Language |
English |
| Publication date |
2023 |
| CC license |
|
