SAHABAT Alam Malaysia (SAM) welcomes the clarification by the Natural Resources and Environment Ministry (NRE) that the carbon-offset deal signed by the Kelantan State Government with a private company has nothing to do with any United Nations’ mechanism.
Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar has clarified that the UN mechanism related to the forestry sector (that was disingenuously referred to by the deal’s proponents) does not involve any market-based mechanism as implied in the trading of carbon credits.
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