DAP Member of Parliament for Kota Kinabalu, Chan Foong Hin, asked Yayasan Sabah (YS) to declare the sum earned from the carbon exchange.
He said while he has no qualms and agree with Technical Advisor (Forest) to the Chief Minister Datuk Sam Mannan that the right to carbon credit trading using Sabah’s forest should remain Sabahan, he has serious concerns with his declaration that the State entity to lead the deals in Sabah’s carbon exchange would be Yayasan Sabah
Sabah’s second Finance Minister Datuk Seri Masidi Manjun said he is unaware of any advance payments stemming from a recently-announced carbon trading deal from an 80,000 hectare protected forest in the interior district of Kuamut
KOTA KINABALU: Sabah leaders are puzzled by a statement from a former chief forester that the state government had already received payment from a carbon exchange deal with a United Kingdom-based partner.
Sabah has to regulate its carbon market and it will be very stupid (of us) if Sabah’s carbon assets must go through third party dealings with somebody who has nothing to do with this place (Sabah)
KOTA KINABALU, Aug 17 Sabah’s second finance minister Datuk Seri Masidi Manjun said he is unaware of any advance payments stemming from a recently-announced carbon trading.