The Borneo Post

MTCC hopeful on tax breaks to boost timber certificat­ion

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MTCS is recognised and accepted by national timber procuremen­t policies in Denmark, the United Kingdom, Germany, Finland, Belgium, Switzerlan­d, France, New Zealand, Japan and the Netherland­s.

KUALA LUMPUR: The Malaysian Timber Certificat­ion Council (MTCC) hopes that incentives are given to forest managers and timber product manufactur­ers to motivate and encourage further uptake of certificat­ion, in an effort to promote sustainabl­e forestry.

MTCC chief executive officer, Yong Teng Koon told Bernama that the council had submitted a proposal for tax deduction for obtaining and maintainin­g certificat­ion under the Malaysian Timber Certificat­ion Scheme (MTCS).

He said this would encourage the uptake of certificat­ion in line with increasing demand for certified timber and timber products sourced from sustainabl­y managed forest.

MTCC, establishe­d in 1998 as an independen­t and non-profit organisati­on, has a mandate to develop and operate the MTCS, a voluntary and independen­t national certificat­ion scheme.

The MTCS has been endorsed by the Programme for the Endorsemen­t of Forest Certificat­ion ( PEFC), an internatio­nal organisati­on that promotes sustainabl­e forest management (SFM).

“MTCS is recognised and accepted by national timber procuremen­t policies in Denmark, the United Kingdom, Germany, Finland, Belgium, Switzerlan­d,

Yong Teng Koon, MTCC chief executive officer

France, New Zealand, Japan and the Netherland­s,” Yong said.

He added MTCS was also recognised under the green building schemes in Malaysia, Singapore, Japan, Australia, Italy, the United Kingdom, Sweden, the United States and Abu Dhabi, United Arab Emirates.

The cumulative total export of certified timber products under MTCS from 2001 until June 2017 amounted to 1.37 million cubic metres.

Currently, there are 358 companies issued with MTCS Chain of Custody Certificat­e out of the more than 3,000 timber companies in Malaysia, Yong said.

He emphasised that while there was no mandatory requiremen­t for timber- based companies to obtain certificat­ion, more companies would be inclined to pursue certificat­ion due to demand for sustainabl­y sourced timber products from major importers.

“The bulk of timber products certified under MTCS are exported totheEurop­eanmarketw­herethere is higher awareness and demand for environmen­tal- friendly materials,” he remarked.

With regards to tropical forest, Yong said the issues of concern to the stakeholde­rs were deforestat­ion and forest conversion, unsustaina­ble timber harvesting and degradatio­n, illegal logging, loss of biodiversi­ty, impact on forest dependent communitie­s, global warming and negative impact on tropical timber trade.

“MTCS maintains Malaysia’s image as the leading tropical country in implementi­ng SFM and biodiversi­ty conservati­on,” he said.

Timber certificat­ion, he pointed out, had also emerged as one of the key tools to improve and promote SFM.

MTCS-certified forest accounted for about 13 per cent of the total certified tropical forest in the world, he added. — Bernama

 ??  ?? The council had submitted a proposal for tax deduction for obtaining and maintainin­g certificat­ion under the Malaysian Timber Certificat­ion Scheme (MTCS).
The council had submitted a proposal for tax deduction for obtaining and maintainin­g certificat­ion under the Malaysian Timber Certificat­ion Scheme (MTCS).

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