Malaysian PM Anwar looks favorably on Sarawak and Sabah's fair carbon trading revenue demand
Wichtigste Punkte
- 1. Malaysian Prime Minister Anwar Ibrahim is reported to have responded positively to Sarawak and Sabah's carbon trading revenue demands.
- 2. A fair revenue sharing is required as forests and carbon storage are under the jurisdiction of the states according to the constitution.
- 3. Sarawak introduced a new environment ordinance in 2023 to regulate greenhouse gas emissions and carbon credit activities.
- 4. The Sarawak Premier wants 70 percent of the carbon tax collected by the federal government to be returned to these two states.
In Zahlen
It has been announced that Malaysian Prime Minister Anwar Ibrahim has responded positively to the demands of Sarawak and Sabah for a fair sharing of revenues to be obtained from carbon trading. Sarawak Premier Abang Johari stated that he supports the views of the Borneo states that the federal government must fairly recognize the contribution and ownership of the states managing vast forest resources.
When considering carbon revenue mechanisms and a possible carbon tax framework, it is emphasized that the owners of oxygen-producing assets must be treated fairly. Since forests, lands, and carbon capture, utilization, and storage (CCUS) activities are under the jurisdiction of the states according to the Constitution, harmonious cooperation between the federal and state governments is seen as essential.
In this process, the State of Sarawak enacted the Environment Ordinance in 2023 to regulate greenhouse gas emissions and establish a legal framework for carbon credit activities, and the said law largely came into force as of 1 March 2024. In a previous statement, Abang Johari proposed that 70 percent of any potential carbon tax collected by the federal government should be returned to Sarawak and Sabah.
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Häufige Fragen
- What do the states of Sarawak and Sabah demand from the federal government?
- They demand a fair share from the carbon trading that will take place over their forest resources and from a potential carbon tax.
- On what basis do the states defend that the carbon resources belong to them?
- According to the Malaysian Constitution, forests, lands, and carbon capture activities fall within the jurisdiction of the states.
- What rate of share did Sarawak Premier Abang Johari propose for the carbon tax?
- He proposed that 70 percent of the carbon tax collected by the federal government be returned to Sarawak and Sabah.
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