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In Sabah, natural capital agreement surfaces again, despite critics

Supporters of an embattled carbon deal in the Malaysian Bornean state of Sabah have publicly resumed efforts to bring the 2-million hectare (4.9 million-acre), 100-year agreement into force. “This initiative is expected to become a prominent carbon dioxide sink, reinforcing our proactive stance on climate restoration,” Sabah’s Deputy Chief Minister Jeffrey Kitingan said in a […]

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CP Daily: Thursday June 22, 2023 « Carbon Pulse

CP Daily: Thursday June 22, 2023 « Carbon Pulse
carbon-pulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carbon-pulse.com Daily Mail and Mail on Sunday newspapers.

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Details emerge around closed-door carbon deal in Malaysian Borneo

Leaders in the Malaysian state of Sabah on the island of Borneo have begun to share more about a murky arrangement in which the rights to carbon and other ecosystem services from the state’s forests were sold to a foreign company. On Oct. 30, state authorities signed a “nature conservation agreement” with a Singaporean firm, […]

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