Hong Kong Exchanges and Clearing (HKEX) has launched an international carbon marketplace to connect capital with climate-related products and opportunities.
Core Climate will let participants source, hold, trade, settle and retire voluntary carbon credits.
The credits will come from internationally-certified carbon projects from around the world, including carbon avoidance, reduction and removal projects.
Nicolas Aguzin, CEO, HKEX, says: "As a global East/West superconnector, HKEX is strongly positioned to build a vibrant and sustainable voluntary carbon market that brings together climate action ideas, capital and dialogue."
Finextra recently announced its fifth Sustainable Finance Live conference and hackathon, scheduled to take place on 29 November. For more information and to register for this event, please visit the event page here.