April 2021

Malaysia’s Continuing Green Aspirations Beyond 2020

The Renewable Energy Act 2011 played an important role in establishing Malaysia’s popular feed-in tariff system. But by the end of the 2010s, the legislation seemed past its prime and required a reboot to keep Malaysia on track in achieving its green aspirations.

The year 2020 then came with its unique set of challenges, causing a setback for green energy policies and climate change legislation. However, Amin Abdul Majid, Partner and Caera Lee, Senior Associate of Zaid Ibrahim & Co. (a member of ZICO Law) argue in this article that notwithstanding those challenges, Malaysia displayed a persistence with continued efforts by the Government and other stakeholders in the industry to promote and increase renewable energy generation.

They discuss what to expect in 2021 and beyond and look at the green energy initiatives and investment opportunities that have been introduced by the Government, aiming for a Malaysian economic recovery rooted in sustainable and responsible development. Malaysia will continue to be a promising focus for investments linked to renewable energy as it charts the course towards a more sustainable and resilient economy.

Subject matters: Environmental
Jurisdictions: Malaysia
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Announcement

On 1 December 2022, KPMG and ZICO Law entered into an agreement under which a number of law firms and teams from the ZICO Law network have joined the KPMG network of firms.

The deal will see more than 275 lawyers join over 2,900 legal professionals in the KPMG global organization, creating a significant legal footprint across Asia. It will offer legal services and solutions, a globally connected legal services platform, and specialists who work with leading technology providers to modernize legal functions across organizations. The strategic combination increases the total number of legal professionals in the KPMG network to over 3,750 across 84 jurisdictions. You may read the press release here.

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