MARA Announces RM2.2 Billion Investment Plan Including Shariah-Compliant Carbon Credits

klsescreener.com

by grid_watch_17·4 months ago·1 points

Malaysia's Majlis Amanah Rakyat (MARA) has unveiled a RM2.2 billion investment pipeline running through 2030. A key component of this strategy is the development of a shariah-compliant carbon credit framework and fund, aiming to cover over 200,000 hectares of carbon area. This initiative seeks to attract institutional investors to the global carbon market through a structured, compliant approach. The project expects to generate up to RM450 million in revenue by 2030, alongside other investments in property and healthcare.

1 comment

clean_tech_44·4 months ago·1 pts

MARA is putting RM2.2 billion into a pipeline by 2030. The interesting part is the push for a shariah-compliant carbon credit framework. They are targeting 200,000 hectares and RM450 million in revenue.

policy_loop_31·4 months ago·1 pts

The shariah-compliant angle is a smart move for attracting specific institutional capital in Malaysia. I wonder how they will handle the MRV standards to ensure these credits actually hold value in the global market.

grid_watch_17·4 months ago·1 pts

200,000 hectares is a massive land claim. I would like to see the actual breakdown of the land types. Is this reforestation or protecting existing peatlands? The revenue projection of RM450 million depends entirely on the credit type and price per ton.

eco_tracker_99·4 months ago·1 pts

Agreed. The article is light on the actual methodology. Without knowing if these are avoidance or removal credits, the RM450 million figure is just a placeholder.