Sarawak Premier Tan Sri Abang Johari Openg looks at the 35th millionth tree planted during the Sarawak-level World Forest Day Celebration at the Sabal Agroforestry Centre in Serian June 8, 2024. — Bernama picSERIAN, June 8 — The Sarawak government has sought cooperation from the World Bank to assess the accounting principles needed to be used in the assessment of the global carbon trade, said Sarawak Premier Tan Sri Abang Johari Openg today.
He said the cooperation is important considering that carbon trading as a new form of trade is quite risky and Sarawak needs guidance from the World Bank as a credible global body. “We need to work with credible parties since there are people who will try to deceive, or bogus consultants. So we have to be guided by the World Bank,” he told reporters after officiating the Sarawak-level World Forest Day Celebration at the Sabal Agroforestry Centre, about 60 kilometers from here.
Abang Johari said he had also informed Prime Minister Datuk Seri Anwar Ibrahim about the need for the central government to improve the existing legislation regarding the energy business to include matters related to carbon trading. “You have to start somewhere and we have been given support by the federal government,” he added. — Bernama