Transparency International Malaysia organized a half-day Roundtable on Integrity in the Emerging Voluntary Carbon Markets in Malaysia on 19 August 2024 at Crystal Crown Hotel, Petaling Jaya. This session is a part of our ongoing Climate Governance Integrity Project, led by our Lead Researcher, Mr Ho Yi Jian. The project focuses on assessing corruption risks and Gender Equality and Social Inclusion (GESI) impacts of evolving emissions trading schemes in Malaysia, particularly emphasizing the newly launched Voluntary Carbon Market (VCM) by Bursa Malaysia in 2023.
Therefore, the Roundtable was designed to facilitate a deeper review of our preliminary research paper on anti-corruption policy recommendations and strategies to address social gaps based on the feedback and insight provided by attendees during the Roundtable. We invited a diverse group of stakeholders, including conservationists, indigenous and gender activists, regulators, environmental journalists, industry players, interested think tanks and academics, to share their perspectives on Carbon Market Practices in Malaysia.
AGENDA
🔸 Session 1
Prof Leong Yuen Yoong, Director of Sustainability Studies, UN Sustainable Development Solutions Network, Professor Sunway University, presented on The Extent of Decarbonisation Pathways and the Potential Impact of Carbon Removals.
Dr Pieter M. Stek, Senior lecturer, Research Center, Asia School of Business, presented on Comparative and Regional Outlook on Voluntary Carbon Markets.
🔸Session 2
Mr Ho Yi Jian, Research Analyst, UN Sustainable Development Solutions Network (Asia HQ), Sunway University, presented on Best Practices and Lessons Learned from Climate Finance Projects.
We successfully gathered constructive feedback during the session and gained the expert insights we hoped for. The session has been instrumental in refining our research findings and sharpening our focus.
We are thankful for our expert stakeholders' attendance and support and their invaluable contributions during the session. Their feedback will help us to address the gaps in our research and produce more robust recommendations.