PETRONAS and the Terengganu State Government, through the Terengganu Economic Planning Unit (UPEN), have signed a Memorandum of Understanding to explore the development of Nature-based Solutions projects across the state.
The collaboration will focus on identifying and assessing suitable sites in Terengganu for nature-based carbon initiatives that meet internationally recognised certification standards. These projects are expected to generate high-quality carbon credits while also delivering benefits to local communities and supporting environmental conservation efforts.
The MoU was signed by PETRONAS Senior General Manager, Nature, Corporate Sustainability, Giulia Sartori and Terengganu State Secretary, Dato’ Mohd Azmi Mohamad Daham. It was witnessed by General Manager, Nature Centre of Excellence and Solutions, Corporate Sustainability, PETRONAS, Ezrin Johanna Elias and Director of the Terengganu Economic Planning Unit, Dato’ Rosli Latif.
Giulia Sartori said PETRONAS looks forward to working closely with the state to advance climate-positive initiatives that create shared value.
“We are pleased to collaborate with the state of Terengganu in advancing nature-based solutions that strengthen climate resilience, enhance biodiversity and deliver meaningful benefits to local communities. This collaboration builds on PETRONAS’ long-standing presence in the state, and we look forward to delivering value for the state and supporting Malaysia’s overall climate ambitions together,” she said.
Dato’ Mohd Azmi welcomed the partnership, noting Terengganu’s natural ecosystems and their role in climate action.
“Terengganu is blessed with diverse natural ecosystems that hold significant potential for nature-based solutions. Through this collaboration with PETRONAS, we aim to contribute to Malaysia’s efforts to reduce carbon emissions while ensuring environmental conservation brings lasting benefits to the people of Terengganu,” he said.
Nature-based Solutions involve conserving, protecting, restoring and sustainably managing ecosystems to reduce and remove greenhouse gas emissions. Carbon credits generated from these projects are part of PETRONAS’ strategy to address residual and hard-to-abate emissions, supporting its Net Zero Carbon Emissions by 2050 pathway.
