Masdar, a wholly-owned subsidiary of the Mubadala Development Company focused on renewable energy and sustainability, and 1Malaysia Development Berhad (“1MDB”) have signed a cooperation agreement to explore clean technology projects and investments, including the possibility of building Malaysia’s first carbon-neutral city. Masdar and 1MDB also intend to cooperate and invest in carbon reduction projects, under the Kyoto Protocol’s Clean Development Mechanism (“CDM”) and clean technology venture capital. If fully implemented ...