Are you interested about the Voluntary Carbon Market in Malaysia? We are delighted to invite a representative from your organization to a roundtable discussion to discuss our latest preliminary report on the nascent Voluntary Carbon Market in Malaysia. This roundtable will focus on potential policy proposals at the intersection of:
- International Best Practice: Understanding specific best practices and thinking about additional preventive measures.
- Case Studies: Examination of the complexities of local situations through two case studies in Malaysia.
- Governance and Regulation: Discussing the role of Malaysian government involvement and regulation in compliance and jurisdiction-based best practices.
- Market Mechanisms: Exploring the independence of projects and market mechanisms, and the role of institutions in embracing progressively higher standards.
Below are the details of the Roundtable:
Date: 27 January 2025
Time: 9:00 am - 1:00 pm
Venue: Bougainvilla Room 1, 1st Floor, Promenade Hotel Kota Kinabalu
Registration Form: https://forms.gle/98BkAufMTcSSnMETA
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Invitation to A Roundtable on Prospective Policy Proposals for Voluntary Carbon Markets in Malaysia Date: 27 January 2025 Time: 9:00 am - 1:00 pm Venue: Bougainvilla Room 1, 1st Floor, Promenade Hotel Kota Kinabalu (Registration is open for one representative per organization as seats are limited) For any enquiries, email to nurafrina@transparency.org.my or ti-malaysia@transparency.org.my
forms.gle
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The preliminary report itself focuses on identifying (1) transparency and access to information standards; (2) engendered community participation in voluntary monitoring and oversight; (3) mechanisms ensuring integrity which defers to scientific expertise; (4) equitable engagement and benefit sharing with Indigenous People and women (GESI Impact); (5) beneficial ownership, conflict of interest between projects, companies and policymakers; and (6) ultimately ensuring that such voluntary carbon market projects (and subsequently, climate finance mechanisms) more truly reflect contributions towards a global reduction in greenhouse gases against greenwashing, double-counting and additionality/permanence fraud. The report also compiles best practices on integrity and Gender Equality and Social Inclusion (GESI) outcomes from previous civil society examinations of climate finance, considering their adaptation into voluntary carbon markets (VCMs). It highlights the Malaysian policy/government stance on these practices and analyzes them through two case studies.
We believe that your expertise and input would greatly contribute to the dialogue on the necessary policy proposals to help Malaysia and the world chart a path forward for the adaptation of best practices in carbon markets.