“We now have a proven market mechanism which provides price discovery,” said Bursa CEO Muhamad Umar.
PETALING JAYA: Bursa Malaysia Bhd
’s subsidiary, the Bursa Carbon Exchange (BCX), has carried out the nation’s inaugural carbon credit auction.
In a statement yesterday, the stock exchange operator said the auction, which was carried out electronically on March 16, saw a participation of 15 buyers from various industries purchasing a total of 150,000 Verra-registered carbon credits.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
