{"id":23415,"date":"2024-01-18T05:21:27","date_gmt":"2024-01-17T21:21:27","guid":{"rendered":"https:\/\/www.rakansarawak.com\/v3\/?p=23415"},"modified":"2024-01-18T05:21:32","modified_gmt":"2024-01-17T21:21:32","slug":"lakikr-and-shin-yang-sdn-bhd-awarded-forest-carbon-study-permits","status":"publish","type":"post","link":"https:\/\/www.rakansarawak.com\/v4\/2024\/01\/18\/lakikr-and-shin-yang-sdn-bhd-awarded-forest-carbon-study-permits\/","title":{"rendered":"LAKIKR and Shin Yang Sdn Bhd Awarded Forest Carbon Study Permits"},"content":{"rendered":"\n

Within the first few weeks of 2024, two organisations have been given permits by the Sarawak Government to study and assess forest areas in Sarawak for the potential implementation of carbon activities.<\/p>\n\n\n\n

One of them is Lembaga Amanah Kemajuan Islam Kuala Rejang<\/em> (LAKIKR), which received a forest carbon study permit on 4 January 2024<\/a>. It involves the study of blue carbon in mangrove swamps covering an area of 30,197ha \u2013 the first of its kind in the State.<\/p>\n\n\n\n

Shin Yang Sdn Bhd is the other organisation to be issued the study permit on 10 January 2024<\/a>. The permit will give the company the opportunity to ascertain prospects of carrying out forest carbon activities in Ulu Baram within an area of 26,353ha.<\/p>\n\n\n

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A representative of Lembaga Amanah Kemajuan Islam Kuala Rejang (fourth left) receiving the forest carbon study permit from YBhg Datu Haji Hamden bin Haji Mohammad, Director of Forest Department Sarawak (fourth right) on 4 January 2024. Photo from Forest Department Sarawak Facebook page <\/figcaption><\/figure><\/div>\n\n\n

Both organisations, as holders of the carbon study permit, are required to produce and submit a Project Design Document (PDD) containing the results of their studies before applying for a forest carbon licence, as stipulated in the Forests (Forest Carbon Activity) Rules, 2022.<\/p>\n\n\n\n

The document produced must comply with international carbon standards in order for these entities to be able to legally engage in carbon trading.<\/p>\n\n\n\n

According to the aforementioned Rules, PDD in essence should include details of the proposed forest carbon activity that can, among others, achieve emissions reductions; deliver real, measurable and long-term benefits to the climate; avoid negative environmental and social impacts; and include technology and knowledge transfer used for carbon study.<\/p>\n\n\n

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A representative of Shin Yang Sdn Bhd (centre) receiving the forest carbon study permit from Semilan Anak Ripot, Deputy Director (Forest Management) of Forest Department Sarawak (third left) on 10 January 2024. Photo from Forest Department Sarawak Facebook page <\/figcaption><\/figure><\/div>\n\n\n

The Government awarded the first forest carbon study permit to SaraCarbon Sdn Bhd \u2013 a subsidiary company of Samling Group \u2013 in March 2023<\/a>.<\/p>\n\n\n\n

The permit enables the company to study and implement a carbon nature-based project in Marudi, specifically within Samling\u2019s industrial tree plantation area.<\/p>\n\n\n\n

Issuance of forest carbon study permit is part and parcel of the Forests (Forest Carbon Activity) Rules, 2022, which have gone into effect since 1 January 2023. The Rules provide a clear regulatory framework for forest carbon projects in Sarawak, and are expected to attract investment in these projects.<\/p>\n\n\n\n

As a whole, the forest carbon initiative is part of the Government\u2019s endeavour to pivot towards a green economy through more \u201csustainable sources of income\u201d such as carbon trading, as well as its renewable energy sector powered by hydrogen and hydropower.<\/p>\n\n\n\n

Utilising Sarawak\u2019s forests in this manner demonstrates its commitment to practise sustainable development in the forestry sector, create new economic opportunities for Sarawakians, and conserve its natural heritage.<\/p>\n\n\n\n

<\/p>\n\n\n\n

What is a carbon study?<\/strong><\/p>\n\n\n\n

The Forests (Forest Carbon Activity) Rules, 2022 defines \u2018carbon study\u2019 as:<\/p>\n\n\n\n

\u201ca study, the purpose of which is to measure the carbon stock baseline in a carbon study designated area for the purposes of determining whether a proposed Forest Carbon Activity in that carbon study designated area is or is likely to be viable which shall include a survey and assessment of the composition and distribution of the forest, the carbon stock or GHG (greenhouse gas) stock, and other resources in the carbon study designated area as well as the risk analysis in respect of the proposed Forest Carbon Activity.\u201d<\/em><\/p>\n\n\n\n

<\/p>\n\n\n\n

Reference:<\/em><\/strong><\/p>\n\n\n\n

Churchill, E. (2024, January 4). S\u2019wak Forest Dept issues carbon study permit to Kuala Rajang board. The Borneo Post.<\/em> https:\/\/www.theborneopost.com\/2024\/01\/04\/swak-forest-dept-issues-carbon-study-permit-to-kuala-rajang-board\/<\/a><\/p>\n\n\n\n

Forest Department Sarawak. (2024, January 10). Majlis penyerahan Permit Kajian Karbon Hutan untuk Kawasan Jalin Forest Carbon Area, Ulu Baram seluas 26,353 hektar telah diadakan pada<\/em> [Image attached] [Status update]. Facebook. https:\/\/www.facebook.com\/ForestDepartmentSarawak\/posts\/pfbid02s82TFWBwXoUvNNWgm5DQK9D5ZX8q9AG8LUYmc4CF3gYjVRkztHeCdWP9THv1UqQzl<\/a><\/p>\n\n\n\n

SaraCarbon first in S\u2019wak to receive forest carbon study permit.<\/em> (2023, March 15). The Borneo Post. https:\/\/www.theborneopost.com\/2023\/03\/15\/saracarbon-first-in-swak-to-receive-forest-carbon-study-permit\/<\/a><\/p>\n\n\n\n

The Edge Markets. (2023, March 30). Transforming Sarawak into a green economy. <\/em>https:\/\/www.mida.gov.my\/mida-news\/transforming-sarawak-into-a-green-economy\/<\/a><\/p>\n\n\n\n

The Forests Ordinance, 2015, Forests (Forest Carbon Activity) Rules, 2022 (2022). https:\/\/lawnet.sarawak.gov.my\/lawnet_file\/Subsidiary\/SUB_Issue%20No.%2084%20L.N.%20350%20Carbon%20Storage.pdf<\/a><\/p>\n\n\n\n

Yunus, Y. (2023, July 13). Sarawak Forest Dept: Carbon trading activities to benefit local communities. The Borneo Post.<\/em> https:\/\/www.theborneopost.com\/2023\/07\/13\/sarawak-forest-dept-carbon-trading-activities-to-benefit-local-communities\/<\/a>  <\/p>\n

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