This article first appeared in AsianInvestor.
With the imminent return of the United Nations Climate Change Conference COP27 this year, the framework for global carbon credit trading will once again fall into focus.
In Asia, developments of this sort are still in their early stages. Take Hong Kong as an example the financial hub’s bourse, the Hong Kong Exchanges and Clearing HKEX, just launched a voluntary carbon credit trading platform aligned with international standards on October 28, following Singapore and China in the region.
Japan also started a carbon credit trading trial in September before full operations begin in...