Sarawak’s Deputy Chief Minister Awang Tengah Ali Hassan urges timber firms to grab opportunities to invest in schemes promoting forest carbon activities and other conservation and reforestation activities for carbon sequestration and carbon stocks for carbon credit units. – The Malaysian Insight file pic, May 19, 2022.
AS Sarawak starts on the path of monetising its forest resources through the trading of carbon stocks, Awang Tengah Ali Hassan told the state’s timber companies that the dynamics of the timber industry will change with the passing of the forests amendment bill. The deputy chief minister called on them “to respond positively” and give their support to “this new approach towards sustainable forest management”.
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