Voluntary Carbon
Overview
In line with growing awareness of climate action, voluntary carbon markets will play an important role to support financing for projects and solutions that reduce, remove or avoid greenhouse gas (GHG) emissions. Participation in the voluntary carbon market will allow companies to offset their carbon emission footprint and meet their voluntary climate goals. Through our very own VCM exchange –Bursa Carbon Exchange (BCX), both buyers and suppliers will be able to transact high-quality carbon credits at transparent prices
产品
Bursa Malaysia intends to offer standardised carbon credit products for trading via a rules-based carbon exchange. There will be distinct product categories for carbon credits derived from nature-based solutions and technologies that avoid, reduce or remove carbon emissions.BCXwill aggregate carbon credits that share similar traits and fundamentals, with vintages 2016 onwards. Additionally,BCXwill also label products to differentiate between carbon credits sourced in Malaysia and globally.
碳信用标准
To ensure only high-quality carbon credits are offered through BCX, Bursa Malaysia will adopt the Verified Carbon Standard, or better known as Verra. Further details regarding the Verra standard can be found这里.
拍卖
BCX intends to hold an inaugural auction for its new standardised products in on 16 March 2023. The auction will serve three purposes:
- 促进新产品的价格发现BCX;
- Provide reference price for carbon credit trading onBCX;
- Send tangible price signal for potential issuers to embark on domestic carbon credit projects.
Interested companies can participate in the inaugural auction and purchase Verra-certified carbon credits to kick-start their offsetting journey. Further details regarding the auction and how to participate can be found这里.