SARAWAK can benefit from the bioeconomy sector by implementing carbon offset programmes, such as sustainable forestry management and bioenergy projects.
Deputy Minister of Energy and Environmental Sustainability Dr Hazland Abang Hipni said the bioeconomy model is an effective strategy that promotes economic growth while harnessing biological resources sustainably and fairly.
For instance, he said, Sarawak’s recent launch of its first microalgae carbon capture facility at the Sejingkat Power Plant could qualify for carbon credits under the Verified Carbon Standards (VCS), generating revenue and contributing to climate change mitigation.
He said this in his reply to Pelagus assemblyman Wilson Nyabong Ijang during the question and answer session today.
Meanwhile, the Sarawak government is currently finalising its Green Economy Policy.
Hazland said green growth requires an intentional transition towards a green economy that decouples economic growth from energy, resource use, carbon emissions and pollution.
“It is also a precondition for Sarawak to achieve its sustainable and net-zero ambition.
“The policy framework for Sarawak’s Green Economy is anchored on one vision, three policy objectives, and six pillars,” he said, adding that the policy framework envisions Sarawak as a green state that is highly sustainable, with a highly liveable environment for all.