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Qatar’s Global Carbon Council joins international carbon coalition

QNADohaGlobal Carbon Council (GCC), the first independent carbon crediting standard established in the Global South and headquartered in Doha, announced the launch of the Global Ca...

Qatar’s Global Carbon Council joins international carbon coalition

The Global Carbon Council (GCC), an independent carbon crediting standard established in the Global South and based in Doha, has joined an international coalition of leading financial institutions, exchanges, and carbon market organizations to form the Global Carbon Market Network. This launch took place during the United Nations Climate Change Conference (COP31) in Antalya, Turkiye, at the Arab Climate Pavilion.

The network aims to strengthen connections between carbon markets, enhance transparency, and facilitate climate finance flows toward mitigation projects, particularly in developing countries. By addressing market fragmentation caused by differing regulatory frameworks and standards, the coalition seeks to improve market interoperability and develop consistent market practices.

Brief written by urgent.news from Qatar Tribune Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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