Malaysia's Bursa Carbon Exchange hosts its first local carbon credits auction on July 25, featuring Kuamut Rainforest credits.

Malaysia's Bursa Carbon Exchange (BCX) will host its first auction of Malaysian carbon credits on July 25, featuring carbon credits from the Kuamut Rainforest Conservation Project. This marks the expansion of BCX's product offering to include local carbon credits in addition to global carbon credits. The auction involves Malaysia's first nature-based carbon credits generated via a domestic forestry project, emphasizing the country's commitment to its climate agenda.