Worried Najib and Rosmah may go off scot-free, civil societies call for moratorium on DNAA and acquittals until AG's dual roles split
Chief executive officer Datuk Muhamad Umar Swift said as Malaysia shifts towards becoming a lower carbon economy, the VCM handbook is a relevant guide designed to assist entities keen on participating in carbon market project development and Malaysia’s voluntary carbon market. “This VCM handbook is a critical step in ensuring Malaysia’s VCM can truly support the country’s net zero journey,” he said at the inaugural Malaysia Carbon Market Forum 2023, here today, in conjunction with the International Greentech & Eco Products Exhibition and Conference Malaysia.
Muhammad Umar also shared that one of Malaysia’s nature-based projects, the Kuamut Rainforest Conservation Project in Sabah, is nearing its first issuance.Pursuant to the above, NRECC minister Nik Nazmi Nik Ahmad said Bursa Malaysia is getting ready to auction carbon credits from the Kuamut Rainforest Conservation Project.
Nik Nazmi also said the government needs nature-based solutions , which can provide up to 30 per cent of the mitigation required by 2030 to keep the 1.5 degrees Celsius target in reach.
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