LogicaCMG, Asia Carbon sign agreement for first Asian carbon credit exchange |
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Published
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Wed, 14 Mar 2007 10:25
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KUALA LUMPUR (XFN-ASIA) - LogicaCMG said it has signed an agreement with Asia Carbon (ACX-Change) to set up Asia's first carbon credit exchange and establish national registries for key Asian countries.Under the terms of the agreement, LogicaCMG will provide the technical expertise to establish a web-based trading platform to facilitate buying and selling in carbon assets.At the same time, it will also study the possibility of facilitating the setting up of other exchanges in several Asian cities under the Asia Carbon banner, it said in a statement.julie.goh@xinhuafinance.com
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China, UN eye Beijing trading exchange for carbon credits - report 