Latest news with #DeliveringtheEconomicsofWater
The Sun
13-05-2025
- Business
- The Sun
Global Water Crisis Knows No Borders: Malaysia Leads Call For Urgent Cooperation
PARIS, FRANCE - Media OutReach Newswire - 13 May 2025 - Malaysia calls on the international community to strengthen cooperation in addressing the global water crisis – a transboundary challenge impacting nations of rich and poor alike. Strategic partnerships and coordinated policy actions are essential to securing a sustainable and resilient water future for all. While sharing Malaysia's experience at the Global Water Summit 2025 in Paris, Deputy Prime Minister Yang Amat Berhormat Dato' Sri Haji Fadillah Haji Yusof said, it is time for the global community to recognise water as an invaluable resource to human survival and development. 'Water, the lifeblood of our planet, unites us in a shared responsibility. The global water crisis, transcending borders and economies, demands urgent collaboration,' he said in his speech during the Opening Plenary: 'Delivering the Economics of Water' here today. Sharing the nation's progressive approach to sustainable water management, Dato' Sri Haji Fadillah who is also the Minister of Energy Transition and Water Transformation (PETRA), highlighted both its successes and lessons learned, reaffirming Malaysia's commitment to offering its expertise as a model for countries facing similar water security issues. In his address, he outlined key milestones in Malaysia's water management journey, emphasising reforms that have transitioned the country from fragmented state governance to a more coordinated federal-state partnership. He also underscored Malaysia's ongoing efforts to manage growing demands, including urbanisation, climate change and industrial water use. Key Highlights from Malaysia's Water Sector Transformation 2040 Agenda: 1. Shifting Perspectives on Water – Malaysia is focusing on treating water as a precious, finite resource. The nation is accelerating smart water management systems and implementing a matching grants program to reduce non-revenue water (NRW) with co-funding from federal government. 2. Strengthening Private Sector Collaboration – Malaysia is inviting private sector investment to help drive innovation in water management. New policies are fostering opportunities for greater participation in green initiatives, water reclamation and the use of alternative energy sources in water infrastructure. 3. Proactive Preparedness for Climate Change – Malaysia is strengthening its resilience to climate change by enhancing flood forecasting, advance data modelling and scenario planning to better anticipate extreme weather events. Dato' Sri Haji Fadillah also added that Malaysia's active role in regional efforts, particularly within ASEAN, while extended an invitation to global innovators to invest in and collaborate on the next generation of water technologies. The Malaysian government remains committed to fostering sustainable water management practices through continuous innovation, partnerships and shared global solutions. Meanwhile, Indah Water Konsortium (IWK) Sdn Bhd Chief Executive Officer, Narendran Maniam stated that resource recovery has shifted from a discretionary measure to a policy imperative, driven by the pressing need to enhance environmental resilience and ensure sustainable resource management amid escalating economic and ecological pressures. Narendran added that for IWK, resource recovery has evolved from being a nice-to-have to a necessity, with a focus on three main drivers behind this journey: 1. Commitment to Environmental Sustainability – IWK is dedicated to reducing greenhouse gas emissions, minimising waste and creating positive environmental impact through all its efforts. 2. Changing the Utilities Landscape – by becoming the second tap for the nation. As Malaysia is rapidly becoming a regional hub for data centres, it presents a unique opportunity for IWK to support the sustainability of Malaysia's data centre industry through reclaimed water supply. 3. Economic Values and Financial Sustainability. 'Our message to the broader ecosystem is simple – bring value into the equation. The door is open for collaboration. As the national sewerage company, all collaborations will be subject to transparent open tenders and due diligence,' he said at the roundtable talk 'Delivering the Capex Surge' during the summit.
The Star
10-05-2025
- Business
- The Star
DPM Fadillah on official visit to France for GWS 2025, energy cooperation
PUTRAJAYA: Datuk Seri Fadillah Yusof (pic) has embarked on a five-day official working visit to France from today until May 14, in conjunction with his participation in the Global Water Summit (GWS) 2025, and to explore opportunities for collaboration in the field of energy transition. The Deputy Prime Minister, who is also Energy Transition and Water Transformation Minister, has been invited to deliver a keynote address at the opening plenary session of the summit on May 13, themed Delivering the Economics of Water. GWS serves as a platform to outline Malaysia's strategic direction for the water sector, aiming to position it as a catalyst for sustainable development and national economic competitiveness. "This will further establish the water sector as an economic hub by 2040, in line with the Water Transformation Roadmap 2040 (AIR 2040),' his ministry said in a statement on Saturday (May 10). Fadillah's keynote is titled "Transforming Mindsets, Transforming Approaches: Malaysia's Vision for Sustainable Water Management." The ministry said that the invitation was extended in recognition of Malaysia's progress as a model country in water governance, particularly its efforts to promote water reuse as an alternative source for industrial use and its commitment to expanding sanitation services to low-income communities. On May 12, Fadillah is also set to undertake a benchmarking visit to a nuclear power plant operated by Electricité de France (EDF), as part of the government's initiative to explore nuclear energy as a component of Malaysia's future energy mix to ensure long-term energy security. In addition, on May 13, he is scheduled to participate in discussions and knowledge-sharing sessions with six key French ministries and agencies involved in nuclear development and governance. These include the French Ministry of Economy and Finance, Electricite de France (EDF), National Agency for Radioactive Waste Management (ANDRA), French Authority for Nuclear Safety and Radiation Protection (ASNR), International Institute of Nuclear Energy (I2EN), and the French Alternative Energies and Atomic Energy Commission (CEA). Fadillah is also scheduled to pay a courtesy call on France's Minister for Energy and Industry, Marc Ferracci, to explore potential collaborations in energy transition and strengthen bilateral ties. Potential cooperation areas include energy security, policy-making, regulatory frameworks, legislation, and identifying best practices to overcome shared challenges. This official visit to France is part of Malaysia's broader effort to strengthen its global investment appeal and foster deeper bilateral cooperation in the energy sector.- Bernama
