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Two cooperation agreements signed at COP31 with Oman Net Zero Centre

QNADOHAThe Global Carbon Council (GCC) and the Climate Action Center of Excellence (CACE), an initiative established by the Gulf Organisation for Research and Development (GORD), h...

Two cooperation agreements signed at COP31 with Oman Net Zero Centre

Two cooperation agreements were signed at COP31, involving the Global Carbon Council (GCC) and the Climate Action Center of Excellence (CACE) with the Sultanate of Oman's Oman Net Zero Centre (ONZC). The agreements aim to strengthen cooperation on carbon market development, support the operationalization of Article 6 of the Paris Agreement, and enhance Oman's technical and institutional capacity for participation in international carbon markets.

The Memorandums of Understanding (MoUs) were signed by the Minister of Energy and Minerals of Oman and the Founding Chairman of GCC, CACE, and GORD. The MoUs seek to complement Oman's national efforts by bringing together expertise in carbon crediting standards, policy implementation, and market development.

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