Budget 2022: Voluntary carbon credit trading platform to debut at Bursa Malaysia
The Star
2021-10-29
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The Voluntary Carbon Market initiative will be launched at Bursa Malaysia in the government’s efforts to achieve a carbon-neutral country by 2050.
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the initiative would act as a voluntary platform for carbon credit trading between green asset owners and others in the move towards low-carbon practices.
He said Budget 2021 and subsequent years would also be aligned to green budgeting and added that various allocations such as RM450mil would be set aside for conservation projects at the Penang Hill Biosphere Reserve, Tasik Chini Biosphere Reserve and many more.
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Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the initiative would act as a voluntary platform for carbon credit trading between green asset owners and others in the move towards low-carbon practices.
He said Budget 2021 and subsequent years would also be aligned to green budgeting and added that various allocations such as RM450mil would be set aside for conservation projects at the Penang Hill Biosphere Reserve, Tasik Chini Biosphere Reserve and many more.
Read more at https://bit.ly/3pOAXUb
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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