Following the signing of a Memorandum of Understanding (MOU) between the Macao International Carbon Emission Exchange (MEX) and EcoRegistry LLC, a global carbon credit registry infrastructure provider, strategic cooperation has rapidly moved into a substantive phase. Today, MEX officially announced the onboarding of the first batch of 19 high-quality international carbon credit projects recommended by EcoRegistry. This marks a significant milestone in bridging the environmental asset markets between Asia, Latin America, and Lusophone/Hispanic countries, signaling the transition into full-scale business operations..
Project Highlights: Nature-based Solutions (NbS), with high quality.
The first batch of 19 carbon asset projects recommended by EcoRegistry (Vintage 2021-2024), totaling 8.57 million tons, are geographically distributed across Colombia (16 projects), Brazil (2 projects), and Ghana (1 project), deeply aligning with MEX's strategic vision of leveraging Macao's role as a gateway to Lusophone and Hispanic markets. The project types are highly focused on high-quality forestry and nature conservation, covering:
REDD+ (Reduce greenhouse gas emissions from deforestation and forest degradation) projects: 9
ARR (Afforestation, reforestation, and vegetation restoration) projects: 7
FOLU(Forestry and other land use) projects: 3
Figure 1. Large-scale REDD+ project from Nariño region of Colombia.
Following MEX’s preliminary review and alignment, this batch demonstrates exceptional high international recognition and environmental integrity, characterized by the following significant advantages:
⬆️High Compliance and Liquidity: The first batch of projects all meet the compliance requirements of the International Civil Aviation Organization (ICAO) International Aviation Carbon Offset and Reduction Programme (CORSIA) Phase I, with most projects also applicable to the Colombian carbon tax credit system.
⬆️High Alignment with MEX Trading Standards: Of the first 19 projects, 5 have successfully passed the MEX's Standard Carbon Market Instruments (SCM) eligibility assessment, possessing the potential for trading in the MEX’s high-quality carbon credit market.
⬆️Multiple Environmental and Social Benefits: Key projects such as "Awakadaa Jiduaa," "GUAINIA REDD+," and Brazil's "ILHA DO BANANAL+" not only demonstrate outstanding performance in emissions reduction but also deeply align with multiple United Nations Sustainable Development Goals (SDGs). Furthermore, some project assets have already received ratings from internationally renowned third-party carbon rating agencies such as Sylvera.
Deepening connectivity: The Gateway for Asian buyers to Global Premium Assets.
The introduction of these high-quality environmental assets serves as a major debut for the systemic integration of MEX and the EcoRegistry platform. By onboarding premium carbon projects from core Latin American countries such as Colombia and Brazil, MEX significantly enriches its listed product matrix and provides Asia-Pacific corporate clients with a streamlined channel to access internationally recognized carbon assets..
Within a very short time of the signing of the MOU, we welcomed the first batch of high-quality natural-based carbon projects recommended by EcoRegistry, which fully demonstrates the efficient collaboration and shared determination of both parties in addressing the fragmentation of the global carbon market. These 19 core projects not only enrich our reserves but also serve as an excellent example of Macao leveraging its advantages as a trade and economic platform between China and Portugal, and between China and the West, to "bring in" high-quality international carbon assets. Going forward, we will steadily advance the pilot trading of these projects and accelerate the realization of automated direct API connections between our platforms, making cross-regional carbon asset transfers more seamless and transparent.
Specific project details and further inquiries please contact service@maceex.com.