Connecting APAC, MEA and LatAm through Decarbonization and Digital Innovation
SINGAPORE, Oct. 13, 2025 /PRNewswire/ — MVGX Tech Pte Ltd (“MVGX”), a leading AI ESG company focused on carbon digitalization and decarbonization infrastructure, today announced the launch of the International Certified Emission Reduction (ICER) Book & Claim System jointly with the World Free Zones Organization (World FZO).
The partnership establishes a unified, blockchain-powered framework to bridge carbon markets across Asia-Pacific (APAC), the Middle East & Africa (MEA), and Latin America (LatAm). This initiative will streamline processes including carbon credit registration, verification, trading and tracing across over 3,000 free zones and industrial parks worldwide, accelerating cross-border decarbonisation collaboration while creating a robust global marketplace for ICER Credits.
The system’s core significance lies in three key innovations:
- Building a Unified Marketplace, Activating Collaboration at Scale: By connecting economic hubs across APAC, MEA and LatAm through a single blockchain-anchored system, it creates the world’s largest integrated carbon market for emerging economies. This provides the scale needed to attract global capital while transforming free zones into active carbon market nodes, ensuring economic growth and emission reduction are mutually reinforcing.
- Embedding Technology-Driven Trust, Establishing a Global Benchmark: The ICER Credit represents a new global quality benchmark. By embedding technology-guaranteed integrity into its core, it transcends individual national standards, delivering unambiguous and verifiable carbon credits to businesses and governments.
- Innovating with Title Separation, Safeguarding Stakeholder Interests: The system innovatively registers both National Title (for future Nationally Determined Contribution applications) and Commercial Title. This dual-title structure enables secure, transparent transfers through blockchain-based traceability, safeguarding host nations’ climate sovereignty while providing commercial entities with clear carbon credit usage rights.
“Through this partnership with World FZO, we are constructing a trusted digital bridge between emerging and developed markets,” stated Dr. Bo Bai, Chairman of MVGX. “The ICER Book & Claim System will enable industrial ecosystems to participate in global decarbonisation whilst aligning with national and international climate goals.”
“Our collaboration with MVGX underscores the World FZO’s commitment to advancing sustainability within free zones worldwide,” commented Samir Hamrouni, CEO of World FZO. “This initiative empowers our members to drive carbon reduction and green transformation at scale.”
The ICER Book & Claim System marks a significant milestone for global voluntary carbon markets, establishing a unified, transparent and verifiable framework to connect industries and governments across continents on their journey towards net zero.
About MVGX Tech Pte. Ltd (MVGX)
MVGX, headquartered in Singapore, is a pioneer in sustainability compliance solutions across seven key markets in Asia-Pacific, with a growing presence. We offer a comprehensive suite of services, including digital Measurement, Reporting, and Verification (MRV), regulatory compliance reporting, carbon credit advisory and trading, capacity building, and access to green finance.
Leveraging proprietary AI inference models and the region’s most extensive emissions factor database, MVGX streamlines sustainability compliance, making it simpler, scalable, and seamless. Our plug and play solutions enable businesses to lower the cost of regulatory compliance while unlocking capital -whether by securing green finance or monetising carbon credits.
Discover how MVGX is shaping the future of sustainability compliance at www.mvgx.com.
About World Free Zones Organization
The World Free Zones Organization (World FZO) is a global, non-profit entity representing over 3,000 free zones worldwide. It promotes best practices, innovation, and sustainability to enhance the contribution of free zones to global economic development.
