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Voluntary carbon market is gaining momentum in Africa, with Tanzania revealing that it will receive over $20 billion investment for carbon offset credits.

More than 2.2 million tonnes of carbon credits were sold on June 14 at an auction organized by the Regional Voluntary Carbon Market Co. in the Kenyan capital Nairobi, the Saudi firm said.　

Despite forecasting near-term declines in carbon prices amid political and macroeconomic uncertainty, market participants are optimistic that reforms will push compliance market prices higher in the coming years and the voluntary carbon market will grow t

Zimbabwe’s environment ministry plans to closely regulate voluntary carbon offset trading to curb greenwashing and ensure benefits go toward local communities.

In response to the global net zero trend, governments in Northeast and Southeast Asia have announced policy plans, covering carbon taxes, carbon trading, as well as mandatory and voluntary markets. While everything seems in the progress, the Renewable Ene

In recent years, carbon markets have gained increasing attention from governments, corporations, and investors. In Southeast Asia, Thailand and Malaysia have established voluntary carbon credit trading platforms and exchanges in 2022.

The Integrity Council for the Voluntary Carbon Market (ICVCM), an independent governance body for the voluntary carbon market, outlined standards on March 30 that it hopes will bring transparency to the $2 billion market, which has struggled for credibili

This section will focus on the differences between these trading platforms and the international standards that allow them to distinguish themselves in the voluntary market.

Bursa Malaysia launched the country’s first voluntary carbon market (VCM) on December 9, with the first carbon credit auction to take place next March.

The Hong Kong stock exchange has carried out the first batch of carbon credit trades on its new voluntary carbon market in the first four weeks since launch, joining a handful of Asian exchanges in tapping opportunities resulting from governments’ push to

Bursa Malaysia will launch a voluntary carbon market (VCM) by the end of 2022. This will help increase transparency and enable companies to purchase carbon credits to offset their emissions.

Australia’s Climate Change Authority recently suggested Australia establish a transparent national carbon market and hint at integrating voluntary and compliance carbon markets.