Malaysian carbon exchange to host first local carbon credit auction in July

Summary

• Malaysia’s voluntary carbon market exchange, BCX, will host an auction of its first Malaysian carbon credits on July 25.
• The auction will involve carbon credits from the Kuamut Rainforest Conservation Project in Sabah.
• This marks BCX’s expansion to offer local carbon credits in addition to global ones.
• The move signifies Malaysia’s commitment to climate action and environmental leadership.

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