The world’s largest carbon credit certifier has been updating its methods used to verify forest projects in a bid to regain market trust following controversy early last year.
As climate tech funding cools, the Singapore state-owned investor has launched an investment scheme betting on long-term returns from green assets, such as early-stage decarbonisation solutions in green steel and battery storage.
Building these facilities is now the government's strategy to waste disposal, though some have called the move misguided. Speakers at the Kuala Lumpur premiere of Eco-Business's film 'Wasted' called for the focus to be on education instead.
Elephant encroachment into plantation estates remain a recurring problem, Eco-Business observes on a recent visit to Sukau, Kinabatangan, where forested areas have been fragmented by thousands of hectares of oil palm sites.