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

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, Nature-based, Other APAC, Paris Article 6, Voluntary

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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