Hong Kong Exchanges and Clearing Limited (HKEX) launched Core Climate, a new marketplace for trading of voluntary carbon credits and instruments, and aimed at connecting capital with climate-related products and opportunities in Asia and international markets. Demand for carbon offset projects that counteract the release of greenhouse gases, and related credits, is expected to increase significantly over the next several years, as companies and businesses increasingly launch net zero ambitions, and turn to offsets as a bridge to their own absolute emissions reduction efforts, or to balance difficult to avoid emissions.

Source: ESGToday