Held on 18 June 2025, this milestone auction represents a crucial step in expanding BCX’s portfolio with the second Malaysian carbon project. It showcases Malaysia’s capacity to develop domestic carbon projects that aligns with independent global carbon standards. Additionally, the auction supports plays a key role in establishing a benchmark price for voluntary carbon credits from Malaysian technology-based projects.

Project
Project Name: Monsoon Methane Avoidance from Industrial Wastewater in Malaysia Grouped Project
Project Type: Waste handling and disposal
Contract Type: Malaysia Technology-Based Carbon Contract (MTC)
Project ID: 4279
Vintage: 2023
Location: Perak, Malaysia
Project Status: Registered
Clearing Price: RM 39.60

The Monsoons Methane Avoidance from Industrial Wastewater in Malaysia is the first Grouped Project registered under Verra’s Verified Carbon Standard (VCS). It implements biogas recovery, flaring and/or utilisation systems for industrial wastewater treatment in Malaysia.

The Grouped Project reduces greenhouse gas (GHG) emissions from industrial facilities by capturing biogas generated in open wastewater treatment systems instead of allowing it to escape into the atmosphere.

The first Project Activity Instance (PAI1) is the Langkap Biogas Plant, implemented at Langkap, in the State of Perak, Malaysia, about 80km south from the city of Ipoh and 150km north of Kuala Lumpur. PAI1 treats wastewater from a palm oil mill through the installation of a biogas digester system within the existing wastewater treatment system at the mill. It also treats the biogas and uses it to generate electricity for supply to the national electricity grid.