Key Market Indicators
Malaysian greenhouse gas emissions are projected to climb to nearly 274 million metric tons by 2028, up from approximately 253 million metric tons in 2023. This represents an average annual growth rate of 1.3%. Historical data since 1976 indicates that Malaysia's demand for emissions has increased by an average of 2.1% each year. In 2023, Malaysia ranked second globally in terms of greenhouse gas emissions, trailing only Japan, which recorded emissions of around 253 million metric tons. In the international rankings for 2023, Malaysia was followed closely by Poland and Kazakhstan, securing the second, third, and fourth positions respectively.