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HKEX Starts Carbon-Trading Platform Matching Rival Singapore

Hong Kong’s stock exchange started its first voluntary carbon credit trading platform in a bid to bolster climate-related products on the back of growing demand.

Carbon credits on the Core Climate platform will come from internationally certified projects, including carbon avoidance, reduction and removal projects, HKEX said Friday. All projects listed will be verified against international standards, such as the Verified Carbon Standard by Verra.