Bursa-MGTC tie-up to boost green agenda

KUALA LUMPUR: Bursa Malaysia has signed a memorandum of collaboration (MoC) with Malaysian Green Technology and Climate Change Corp (MGTC) to build and promote the local voluntary carbon market (VCM) ecosystem, following the launch of the Bursa Carbon Exchange (BCX) in December 2022.

Bursa chief executive officer Datuk Muhamad Umar Swift said the three-year collaboration will focus on three main areas, namely, the development of a national VCM handbook, the creation of a directory of carbon industry service providers and to hold the inaugural Malaysia Carbon Market forum this year.