STANDARD MASTER TRADING AGREEMENT FOR VERIFIED EMISSION REDUCTIONSStandard Master Trading Agreement • May 31st, 2023
As the carbon credit markets in Thailand are developing rapidly, including those for renewable energy certificates (RECs), we, The Stock Exchange of Thailand (SET), have seen many listed companies in Thailand becoming interested in the carbon credit markets and means of reducing carbon emissions. In order to facilitate our stakeholders and support sustainable growth of the carbon credit markets, we believe that a standard trading agreement can provide a common framework and a set of best practices, which will enable greater efficiency, liquidity, and trust among market participants. Furthermore, it will reduce transaction costs and regulatory barriers associated with the carbon credit markets. We wish to take this opportunity to accommodate and facilitate the carbon credit markets by developing a standard master trading agreement for both verified emission reductions (i.e., carbon credits) and RECs (the "Standard Master Trading Agreement") for not only our stakeholders, but also all in
