Dr Ma Jun, Chairman of the China Green Finance Committee, urged the Malaysian state of Sabah to convert agricultural and forestry waste into industrial biochar for export. Speaking at the Sabah Asia-Pacific Impact Investing for Sustainable Development Summit 2026, Dr Ma highlighted Sabah's unmonetised natural resources and overreliance on volatile carbon credit markets. He recommended adopting Chinese biochar processing technologies and leveraging China's green finance ecosystem, including Green Panda Bonds, to fund capital expenditure. This initiative aims to establish a high-revenue export industry, generating billions of ringgit by producing high-value substitutes for coking coal and chemical fertilisers.
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