BCX Alone Won't Get Malaysia To Net Zero

Dr Pieter E. Stek, Center for Technology, Strategy and Sustainability (CTSS), Asia School of Business

29-Mar-23 08:30

BCX Alone Won't Get Malaysia To Net Zero

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The Bursa Carbon Exchange (BCX) was launched in December 2022 as part of national efforts towards reducing carbon emissions. Earlier this month on 16 March, the first auction of carbon credits was conducted involving two products featuring offsets from projects in China and Cambodia. Can the BCX gain traction and help Malaysia achieve its net-zero emissions goal by 2050? Dr. Pieter Stek of the Asia Business School gives us his assessment.

Image credit: Shutterstock

Produced by: Shazana Mokhtar

Presented by: Shazana Mokhtar, Wong Shou Ning

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Categories: Corporates, environment, markets

Tags: bcx, bursa carbon exchange, carbon emissions policy, bursa malaysia, esg, carbon credits,

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