Hong Kong Exchanges and Clearing (HKEX) has launched a world carbon market to attach capital with climate-related merchandise and alternatives.
Core Local weather will let members supply, maintain, commerce, settle and retire voluntary carbon credit.
The credit will come from internationally-certified carbon initiatives from world wide, together with carbon avoidance, discount and removing initiatives.
Nicolas Aguzin, CEO, HKEX, says: “As a world East/West superconnector, HKEX is strongly positioned to construct a vibrant and sustainable voluntary carbon market that brings collectively local weather motion concepts, capital and dialogue.”