Published by
Mongabay
Mongabay
Adrian Lasimbang, an Indigenous leader in Malaysian Borneo, is suing the state of Sabah, contesting a recently signed agreement selling the rights to carbon and other natural capital from 2 million hectares (4.9 million acres) of forest to a foreign company for the next 100 years. The deal allows Hoch Standard Pte. Ltd., a Singaporean holding company, to sell credits for carbon and other natural capital, such as the provision of clean water, on the global market. It also calls for the protection and restoration of forests that would make these credits possible. And it stipulates that Sabah’s 7…