KUCHING: Sarawak company, Chemsain Sustainability (Chemsain) and global carbon project development and financing firm, Ecosecurities Group (Ecosecurities) are collaborating to drive the carbon market industry throughout the region and assist in decarbonisation solutions.
The partnership aims to support Sarawak’s green agenda through a portfolio of climate solution projects; leverage private sector investment through Public-Private Partnerships; and support development of Sarawak policy and regulatory settings that facilitate investment and link to Article 6 of the United Nations Framework Convention on Climate Change (UNFCCC) Paris Agreement.
Chemsain and Ecosecurities jointly presented their capabilities and shared about their joint work within Sarawak at Wisma Sumber Alam on Monday (Mar 4).
Deputy Premier Datuk Amar Awang Tengah Ali Hasan who was present commended the two companies for their efforts.
“I commend and congratulate Chemsain for the work they have done over the past 40 years. They have played a critical role for Sarawak’s development and this partnership with Ecosecurities is the right one.
“For Sarawak to develop, we must all come together in both the private and public sector,” he said.
Awang Tengah also highlighted the important role Invest Sarawak’s plays in fostering a conducive landscape for collaborations between local and international companies.
Meanwhile, Chemsain executive chairman Dr John Chan said that they are pleased to embark on this partnership with Ecosecurities.
“This collaboration underscores our commitment to supporting the region’s pivot towards decarbonisation solutions and creating new opportunities within the carbon market sector,” he said.
Chemsain is a highly experienced and reputable company with businesses in the areas of environmental, engineering, monitoring, laboratory services and water infrastructure, having work experience throughout the South-East Asian (SEA) region.
In 2022, the company pivoted to sustainability to keep pace with the market demand and landscape, anchoring various government and private sector projects in Malaysia, Brunei and making inroads to Indonesia.
Meanwhile, Ecosecurities is a leading global carbon project developer with over two decades of experience in the international carbon markets, developing emission reduction projects, nature-based solutions and working with decarbonisations technologies around the world.
They offer technical and financial services to organisations, and governments, providing innovative solutions in sourcing, developing, and financing climate mitigation projects aligned with Paris Agreement targets and supporting country specific climate policies.
Ecosecurities has global access through a network of 20 locations worldwide and local expertise within key markets globally.
