WITH a rich tapestry of biodiversity, thriving industries, and commitment to environmental stewardship, Malaysia is a fertile ground for generating carbon credits – a crucial instrument in the global fight against carbon emissions.
Despite the lack of consensus on Article 6 (pertaining to principles for carbon markets) at COP28 and the ongoing debate about the carbon credit deal in Sabah, there are opportunities to delve deeper into the diverse opportunities that Malaysia possesses to harness the potential of carbon credit trading.
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