Bursa Malaysia launches national voluntary carbon market handbook

Bursa Malaysia CEO Datuk Muhamad Umar Swift.

KUALA LUMPUR: Bursa Malaysia Bhd has launched the national voluntary carbon market (VCM) handbook to guide local professionals and stakeholders in generating carbon credits that adhere to international standards recognised by Bursa Carbon Exchange.

Chief executive officer Datuk Muhamad Umar Swift said as Malaysia shifts towards becoming a lower carbon economy, the VCM handbook is a relevant guide designed to assist entities keen on participating in carbon market project development and Malaysia’s voluntary carbon market.