Malaysian REDD project in doubt after central bank places operator on warning list

Published 13:56 on July 4, 2017  /  Last updated at 11:27 on July 12, 2017  /  Asia Pacific, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, Voluntary Market  /  No Comments

The Malaysian central bank has put a private company operating a massive forestry project for Kelantan state on its Financial Consumer Alert list, casting doubt over the project’s credibility and ability to generate UN-issued offsets.

The Malaysian central bank has put a private company operating a massive forestry project for Kelantan state on its Financial Consumer Alert list, casting doubt over the project’s credibility and ability to generate UN-issued offsets.

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