Singapore's AirCarbon signs MOU to jointly develop Indonesian carbon marketplace

Indonesia is regarded as a potentially large source of tradeable carbon offsets. PHOTO: REUTERS
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SINGAPORE - Singapore-based AirCarbon Exchange (ACX) said on Monday (March 28) it has signed a memorandum of understanding (MOU) with an Indonesian carbon project developer to jointly develop a carbon marketplace in Indonesia.

The news comes days after ACX announced a major investment with Deutsche Borse in Europe.

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