This achievement confirms that it has met internationally acknowledged standards for climate, community and biodiversity progress. This milestone allows the conservation effort, which is protecting and recovering 83,381 hectares of tropical rainforest in Tongod and Kinabatangan, to generate its first tranche of Verified Carbon Units .
SPONSORED CONTENT Sabah revenue hits RM6.97 billion: Hajiji says GRS State Government may see full term Kota Kinabalu: The Sabah Government continued its momentum in managing the economy in line with the commitment and spirit of the Sabah Maju Jaya when it posted record high state revenue of RM6.973 billion last year.
Permian Global has contributed the entire investment for the project. The study was carried out in a transparent manner, with state and local NGO cooperation, particularly operational support from the South East Asia Rainforest Research Partnership and Pacos Trust, a community-focused organisation. The forest area, which was selectively logged in the past, has been protected from further logging or degradation and can now regenerate.
Meanwhile, Permian Malaysia Chief Executive Ivy Wong said they are honoured to collaborate with such dedicated and responsive partners on the Kuamut Rainforest Conservation Project and to see all the efforts recognised through this third-party verification to protect such an important and charismatic ecosystem.
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