Calls for more companies to participate in BCX

Muhamad Umar said the VCM handbook defined the roles and functions of key entities in Malaysia’s carbon market operations, serving as a reference point for market players.

KUALA LUMPUR: Bursa Malaysia and the government are urging more participation of corporates in the Bursa Carbon Exchange (BCX), encouraging a collective effort to amplify BCX’s positive influence on sustainability.

The local exchange’s chief executive officer Datuk Muhamad Umar Swift said the BCX, which officially went live on Sept 25, marked a noteworthy achievement with 16,500 units of carbon credits traded by 10 companies within the first two days of trading.