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CLEAN DEVELOPMENT MECHANISM (CDM)

Malaysia is a Party to the United Nations Framework on Climate Change and has ratified the Kyoto Protocol on 4 September 2004. Through the Clean Development Mechanism (CDM). Malaysia can voluntarily participate in globally reducing emissions of greenhouse gases (GHG).

As a developing country, Malaysia is not bound by any commitment to reduce its GHG emission. However, through participation in the CDM, Malaysia could benefit from investment in the GHG emission reduction projects, which will also contribute towards the country's sustainable development goals and the overall improvement of the environment.

Worldwide Holdings Berhad through its subsidiary, Worldwide Lanfills Sdn Bhd had established a JV with Ecair Malaysia B.V, a Ducth based company to jointly undertake the first CDM project at Air Hitam Sanitary Landfill, Puchong, Selangor, Malaysia.