Carbon initiatives take centre stage at Asia Carbon Conference 2023

THE Sarawak State Government’s aim to position the State at the forefront of climate change mitigation takes a positive step forward with the Asia Carbon Conference 2023 (ACC2023) – the first industry leadership conference for carbon offsetting and trading in Asia.

Organised by Argus Media in collaboration with the Sarawak Government with host sponsor Samling Group and supported by Business Events Sarawak and Petroleum Sarawak BHd, the ACC2023 will take place from March 15-16 at the Pullman Hotel in Kuching.

Ideal for industry newcomers to market leaders, this conference will give attendees the opportunity to interact, learn, and network with experts on carbon offsets.

Beyond a traditional conference, this event also connects industry players, industry experts as well as private-and-public partners, and expounds the important need to engage and collaborate to contribute to the carbon market.

This conference is also in line with the Sarawak state’s commitment to achieve net-zero emissions and drive a green economy. In fact, Sarawak is the first state in Malaysia to enact legalisation permitting carbon and nature venture businesses, demonstrating the State’s efforts to be at the forefront of climate change mitigation.

Dr Hazland Abang Hipni

“It will be useful to learn insights from leading experts on the future direction of the Asian carbon markets and the impact on the global carbon market,” the state’s Deputy Minister for Energy and Environmental Sustainability Dr Hazland Abang Hipni pointed out.

“It is hoped that the ideas and best practices shared at this conference may be adapted for Sarawak.”

Meanwhile, Samling Timber Sdn Bhd’s CEO Lawrence Chia said the company fully supports the Sarawak State Government’s foresight and commitment to reduce the effects of carbon emission and facilitate conservation and preservation of forests in the state while developing new revenue streams through carbon trading, carbon storage and renewable energy.

“As a key player in the timber industry, we believe we have the responsibility to drive conversations and inspire action. ACC2023 provides an ideal platform, bringing together international and local stakeholders under one roof,” he opined.

“The severity of the climate emergency requires us to deploy every high-quality tool at our disposal. Within the timber industry, the depleting supply of natural timber means that we now have to place priority on conservation and preservation and move towards more sustainable sources of revenue.”

As such, Chia noted that carbon credit financing holds the potential for timber companies and other industries to transform their operations and drive a sustainable source of revenue.

The two-day conference which will be officiated by Sarawak Premier Tan Sri Abang Johari Tun Openg will feature global subject matter experts from Malaysia, Indonesia and Singapore who will share insights on the regulatory framework on carbon markets as well as the future of the Asia Pacific carbon market. – Feb 27, 2023


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