IDX is preparing a trading system for a carbon exchange in Indonesia MVGX to provide IDX with opportunities to explore its industry-grade software to establish IDX's carbon exchange capabilities Both parties are exploring opportunities for Indonesian carbon trading development. SINGAPORE and JAKARTA, Indonesia, Nov. 1, 2022 /PRNewswire/ Indonesia Stock Exchange("IDX"), the country's national securities exchange and among the fastest growing in the continent, is exploring the possibility of working with MetaVerse Green Exchange ("MVGX"), a digital green exchange licensed and regulated by the Monetary Authority of Singapore (MAS), to develop Indonesia's carbon exchange system. This development comes amid the Indonesian government's plan to launch the country's own emissions trading scheme by 2025 to incentivize domestic businesses in high-emitting industries to reduce their emissions. To date, Indonesia is among 61 countries with established carbo
Indonesia Stock Exchange (“IDX”), the country’s national securities exchange and among the fastest growing in the continent, is exploring the possibility of working with MetaVerse Green Exchange (“MVGX”), a digital green exchange licensed and regulated by the Monetary Authority of Singapore (MAS), to develop Indonesia’s carbon exchange system.
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