Malaysia's first carbon credit auction held at Bursa Malaysia Board

KOTA KINABALU: Malaysia’s inaugural carbon credit auction was held on Thursday (July 25) through the Bursa Malaysia Board.

“I don’t think we can share how much it (the proceeds from the auction) is at the moment. It is still too early to say. It will be revealed later. Of course, whatever proceeds will be shared accordingly based on the agreement,” Sabah Forestry Department chief conservator of forests, Datuk Frederick Kugan