Ambiente
New Centre of Excellence announced aimed at catalyzing the implementation of Article 6 of the Paris Agreement
It comes as an estimated US $4.4 trillion will be required for developing countries to implement their Nationally Determined Contributions, highlighting the vital role private sector finance can play.
said: "
The CACE is focused on three strategic support pillars, including Article 6 Readiness, Internationally Transferred Mitigation Outcomes (ITMOs) market development, and accelerated decarbonization. These will be supported by enabling digital technology to ensure integrity, trust and avoid double counting in the exchange of ITMOs, environmental and social safeguard checks, and global strategic communication on Article 6 Excellence to share best practice.
GCC has also signed a deal with Global Environmental Markets to acquire a fully integrated carbon registry solution known as
, which will provides a unique platform for countries to launch their own National Carbon Registries, leveraging GCC's robust standard framework and expertise.
GCC has shared an update on the development of its innovative methodologies, including its new regulatory framework for Carbon Capture & Storage, and the launch of its project standard for Nature-Based Solutions.
For further information, visit: www.globalcarboncouncil.com/a-new-centre-of-excellence-announced-aimed-at-catalyzing-the-implementation-of-article-6-of-the-paris-agreement/.
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