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Tuesday, 23 May 2023

The UAE is looking to partner with Malaysia on renewables

The UAE wants to expand collaboration with Malaysia on clean energy: UAE Prime Minister Khaled bin Mohamed bin Zayed landed in Malaysia on Sunday where he met with counterpart Anwar Ibrahim to discuss exploring partnership opportunities in the clean energy sector, Wam reports. The two leaders want to expand cooperation in the transportation sector, though Wam doesn’t specify whether the projects would entail a focus on low-carbon and net-zero mobility solutions. Both countries also discussed strengthening trade relations through the establishment of bilateral comprehensive economic partnership agreements (CEPAs), according to the news agency. Malaysia will need to double its clean energy transition investments to between USD 375- 415 bn to realize its 2050 carbon neutrality target.

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