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Friday, 11 October 2013

UNIDO-GEF partnership supports launch of Malaysia Cleantech programme

KUALA LUMPUR, 11 October 2013 – The Malaysia Cleantech Programme for SMEs was today officially launched in Kuala Lumpur.

It was made possible thanks to a GEF-UNIDO programme which encourages public-private cooperation for sustainable growth through innovative energy technology, and was organized in conjunction with this year’s International Greentech and Eco Products Exhibition (IGEM) and the Global Entrepreneurship Summit (GES).

In the course of its first year, the Malaysia Cleantech Programme will focus on innovations in the field of energy efficiency, renewable energy, and waste-to-energy, and help key stakeholders identify, fund and foster entrepreneurs with solutions to address today’s most urgent energy, environmental and economic challenges.

“Today’s clean technology innovations will fuel the next industrial revolution that will shape tomorrow’s global economy and job market. Recognizing the vital role SMEs play in catalyzing breakthrough technology innovations, the GEF-UNIDO Global Cleantech Programme is unique in terms of fostering the expansion of SMEs into cleantech products, thus strengthening the entrepreneurial innovation ecosystem in emerging economies and developing countries,” said UNIDO Director General LI Yong.

The Malaysian Industry-Government Group for High Technology (MiGHT) and the Ministry of Energy, Green Technology and Water (KeTTHA) joined UNIDO and the GEF in designing the cleantech programme for Malaysia. MiGHT is eager to make sure that by 2020, Malaysia becomes a major player in the cleantech industry globally, impacting not just the region, but also addressing environmental, energy and economic challenges around the world. 

“Sustainable development has been at the top of our country’s agenda,” said, Maximus Johnity Ongkili, Minister of KeTTHA. 

The GEF-UNIDO Global Cleantech Programme for SMEs focuses on enhancing emerging clean technology start-ups in participating countries as well as promoting the local entrepreneurial ecosystem and policy framework. First implemented in South Africa, the GEF-UNIDO programme now has ongoing projects in Armenia, India, Malaysia, Pakistan, Turkey and South Africa.

The Cleantech programme employs an ecosystem approach to identify the most promising entrepreneurs working in the field of clean energy technologies and systems. A local business acceleration program supports, promotes and “de-risks” the participating enterprises and connects them to potential investors, customers, and partners.

As the best cleantech start-ups progress through the Cleantech Platform, they are continuously trained, mentored and assessed. The best start-ups from each country are then brought together for the finals of the Global Competition, where they can compete for the Global Prize as well as connect with potential partners, customers and investors from around the world.

For more information, please see the UNIDO GEF publication, The GEF UNIDO Global Cleantech Programme for SMEs, Opens external link in new windowhere