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New revelations around a carbon deal in Malaysian Borneo criticized for its opacity have led to further calls for clarity and transparency about the project. Two international carbon credit project developers purportedly linked to the project have denied any involvement. And a disclosure by the agreement’s primary backer linked an entity registered in a country […]
KOTA KINABALU: Sabah’s controversial carbon credit deal may head to the courts as a civil society coalition comprising 13 NGOs is seeking a judicial review over the agreement signed with Singapore-based Hoch Standard Pte Ltd.
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 […]
KOTA KINABALU, Aug 2 — Alarmed by the recent move by the state government to push through with a controversial carbon trading deal, a coalition of civil societies in Sabah is set...
The rapid financialization of nature is promoting a Great Expropriation of the global commons and the dispossession of humanity on an unprecedented scale.