KUALA LUMPUR (March 16):  The Samling Group of Companies has secured a forest carbon study permit, which will allow the company to study the potential of undertaking a carbon nature-based project in Marudi, within Samling’s industrial tree plantation area.

In a statement on Wednesday (March 15),  Samling said its subsidiary SaraCarbon Sdn Bhd is the first organisation in Sarawak to receive a forest carbon study permit.

Samling Strategic Corporation Sdn Bhd chief executive officer Lawrence Chia said the forest carbon study permit will allow the development of a project which is potentially a game-changer in driving Sarawak’s pivot towards a green economy.

“Our project in Marudi is aligned with the Sarawak Government’s objective to reduce greenhouse gases and to provide a new source of revenue for Sarawak.

“Climate change pressures require us to deploy every feasible option at our disposal.

“We believe forest carbon initiatives hold the potential for the Sarawak Government to develop a new sustainable source of revenue,” Chia said.

SaraCarbon was awarded the permit at the Asia Carbon Conference 2023 (ACC2023) in Kuching.