Memorandum of Cooperation signing on RECs and carbon markets
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Date: 4 December
Time: 10:00 - 10:20
Signatories:
- Hydropower Sustainability Alliance
- Sarawak Energy Berhad
- Bursa Malaysia
- I-REC Standard Foundation
This collaboration aims to explore potential supply of Renewable Energy Certificates (RECs) from Sarawak Energy with a focus on hydropower projects and promote the use of the Hydropower Sustainability Standard onto I-REC’s Standards to support end users in identifying premium hydropower RECs that will be made available for trading on Bursa Malaysia Exchange.