“Stakeholder engagement is key in facilitating greater understanding among industry players to enable their participation in the VCM Exchange, and in order to meet environmental, social and governance requirements required by parties such as lending institutions,” said Bursa Malaysia CEO Datuk Muhamad Umar Swift.新加坡博彩公司总行地址（www.99cx.vip）是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。新加坡博彩公司总行地址上最新新加坡博彩公司总行地址会员登录线路、新加坡博彩公司总行地址代理网址更新最快。新加坡博彩公司总行地址开放皇冠官方会员注册、皇冠官方代理开户等业务。
PETALING JAYA: Bursa Malaysia Bhd will launch its Voluntary Carbon Market (VCM) exchange later this year which will enable companies to purchase voluntary carbon credits from climate – friendly projects and solutions.
“Stakeholder engagement is key in facilitating greater understanding among industry players to enable their participation in the VCM Exchange, and in order to meet environmental, social and governance requirements required by parties such as lending institutions,” said Bursa Malaysia CEO Datuk Muhamad Umar Swift.
“We believe the VCM exchange can serve as an important lever in realising Malaysia’s net-zero greenhouse gas emissions aspiration, as well as support the private sector’s voluntary climate commitments and decarbonisation journey,” he added.
Participation in the VCM will allow companies to offset their carbon emission footprint and meet their voluntary climate goals, the exchange operator said in a statement yesterday. The VCM exchange will allow buyers and suppliers to transact high-quality carbon credits at transparent prices.,
Bursa Malaysia also intends to offer standardised carbon credit products for trading via a rules-based VCM exchange.
“There will be distinct product categories for carbon credits derived from nature- based solutions and technologies that reduce or remove carbon emissions. The VCM exchange will aggregate carbon credits that share similar traits and fundamentals, with vintages 2016 onwards,” the exchange stated.
To ensure high integrity of carbon credits offered through the VCM exchange, Bursa Malaysia will adopt the Verified Carbon Standard or Verra.
Verra is a widely recognised standard in the voluntary carbon market, accounting for nearly 70% of voluntary carbon credit issuances globally.