Voluntary Carbon Market Exchange
Overview
In line with growing awareness of climate action, voluntary carbon markets (VCM) play an important role to support financing for projects and solutions that reduce, remove or avoid greenhouse gas (GHG) emissions. Participation in the VCM 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.
Products
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 GHG emissions. BCX will aggregate carbon credits that share similar traits and fundamentals, with vintages 2016 onwards. Additionally, BCX also labels products to differentiate between carbon credits sourced in Malaysia and globally.
More information on the products that we carry can be found here.
Carbon Credit Standards
To ensure only high-quality carbon credits are offered through BCX, Bursa Malaysia has adopted the Verified Carbon Standard (VCS) from Verra. Further details regarding the Verra standard can be found here.
Resources & Guides
Explore our downloadable VCM resources & guides here:
Insights & Events
BCX is actively advocating for carbon market initiatives through a wide range of activities where you can connect with industry peers and experts. Stay at the forefront of what’s happening here.