Coming together to conserve Malaysia’s biodiversity
In the last two decades, the country has witnessed a loss in its tree cover. Citing statistics provide by Global Forest Watch, KPMG in Malaysia’s Director of Sustainability Advisory Services, Zaidatul Zurita points out that from 2001 to 2021, Malaysia lost 8.67 million hectares of tree cover, equivalent to a 29% decrease in tree cover since 2000, and 4.97Gt of CO2e emissions.
Although the private sector is increasingly visible in the funding and sponsoring of conservation projects, it is just as important for organizations to help with existing initiatives, says Zaidatul. "Most conservation efforts, especially in Malaysia, are privately driven by NGOs and corporations, who may generally lack funding, particularly during the initial stages."
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