Kota Kinabalu: Borneo’s Plight in Malaysia Foundation (BoPiMaFo) said the starting point for any discussion on carbon revenue must be clear and non-negotiable.
Its President Daniel John Jambun insisted Sabah and Sarawak should retain 100 per cent of all income derived from their forests and carbon assets — not just 70 per cent as recently proposed.
While the suggestion by Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg that the two states receive 70 per cent of carbon tax proceeds is a positive recognition of their role as the nation’s and world’s vital carbon sinks, BoPiMaFo argued the figure sets the bar too low from the outset.
“The vast forests, land and natural reserves of Sabah and Sarawak are State assets under the Constitution. Any revenue generated from their environmental value — including carbon taxes, credits and related income — belongs rightfully to the states where those resources exist,” the foundation said.
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