Bhutan has launched its first carbon credit trading platform, aiming to monetize its abundant forest cover and net-negative carbon status. The exchange, developed in partnership with Singapore’s Climate Impact X, will allow Bhutan to sell carbon credits to global firms.
The project is seen as a financial and environmental win, with revenues expected to fund renewable energy and local community projects. Bhutanese officials said it’s part of the country’s push toward climate-resilient infrastructure.
India’s northeast and Bangladesh, which share ecological continuity with Bhutan, are also examining the potential of a regional carbon market that could involve joint afforestation and conservation credits.