Latest news with #WorldAsiaHydrogenConference2025
Malaysian Reserve
12-07-2025
- Business
- Malaysian Reserve
3D forest mapping system can enhance Sarawak's carbon trading capacity
A cutting-edge three-dimensional (3D) forest mapping system developed by the Forest Department Sarawak (FDS) could strengthen the state's carbon trading capacity by identifying forest segments with high carbon sequestration potential. Sarawak Premier Tan Sri Abang Johari Tun Openg (picture) said he was impressed by the system, which provides essential data on a forest's capacity to absorb carbon—an important element in carbon trading. 'If we have the data, as I saw in the 3D (forest mapping system), we can determine the aggregate absorption capacity of our forests. Because the price of carbon is determined by the open market, we now have data that could support the imposition of a levy or carbon tax based on our forests' carbon absorption capacity,' he said. Speaking at the Sarawak-level International Day of Forests celebration here today, he said the state must continue developing new technologies to advance its green economy agenda, where development must not come at the expense of the environment. 'Our policy, which I want to share with you, is that the Sarawak government prioritises our natural resources. These resources must be managed prudently, and that will drive economic development through the opportunities created by our environmental conservation efforts,' he said. Abang Johari said the Sarawak government is also integrating circular economy principles into its green economy initiatives, including promoting recycling processes, particularly from palm oil mills and livestock waste, to produce green energy sources such as hydrogen and methane. He said Sarawak's circular economy model was among the topics highlighted in his keynote address at the ASEAN Summit in Kuala Lumpur in May, where his phrase 'don't waste the wastes, monetise the wastes' drew the attention of attending economists. Abang Johari said that the state circular economy approach was one of the matters that he highlighted in his keynote address at the ASEAN Summit in Kuala Lumpur recently, to which his phrase of 'don't waste the wastes, monetise the wastes' attracted the attention of economists attending the event. 'I mentioned this because our policy takes into account how we can sustain the environment while developing our state,' he said. According to him, Sarawak's green economy initiative was also acknowledged at the World Asia Hydrogen Conference 2025 in Tokyo, where he delivered a keynote address last Thursday. He also revealed that he has been invited to deliver a similar address at the World Economic Forum in Davos, Switzerland. 'I was informed that they will invite me to share our policy at the World Economic Forum in Davos. That means the world has acknowledged us,' he added. — BERNAMA
The Sun
12-07-2025
- Business
- The Sun
Sarawak's 3D forest mapping boosts carbon trading potential
KUCHING: A state-of-the-art 3D forest mapping system developed by the Forest Department Sarawak (FDS) could significantly improve the state's carbon trading capabilities by pinpointing forest areas with high carbon sequestration potential. Sarawak Premier Tan Sri Abang Johari Tun Openg praised the system for providing crucial data on forest carbon absorption, a key factor in carbon trading. 'If we have the data, as I saw in the 3D forest mapping system, we can determine the aggregate absorption capacity of our forests,' he said. Speaking at the Sarawak-level International Day of Forests celebration, Abang Johari emphasised the need for technological advancements to support the state's green economy agenda. He stressed that development must not compromise environmental sustainability. 'Our policy is that the Sarawak government prioritises natural resources. These must be managed prudently to drive economic growth through environmental conservation,' he added. The state is also adopting circular economy principles, including recycling waste from palm oil mills and livestock to produce green energy sources like hydrogen and methane. Abang Johari highlighted this approach during his keynote at the ASEAN Summit in Kuala Lumpur, where his phrase 'don't waste the wastes, monetise the wastes' resonated with economists. Sarawak's green initiatives have gained global recognition, including at the World Asia Hydrogen Conference 2025 in Tokyo. The Premier revealed he has been invited to speak at the World Economic Forum in Davos, Switzerland. 'The world has acknowledged us,' he said. - Bernama
