Tag: GGGI

The United Kingdom’s Government joins the Global Green Growth Institute’s (GGGI) Carbon Transaction Facility (CTF) as a contributor under the Article 6 Readiness Facility. The United Kingdom will become the fourth contributor to the CTF, joining New Zealand (Ministry of Foreign Affairs and Trade), Norway (Ministry of Climate and Environment), and Sweden (Swedish Energy Agency), who are all committed to supporting transparent, accountable, and high-integrity carbon markets under Article 6 of the Paris Agreement. This partnership underscores the UK’s commitment to accelerating global climate ambition and supporting developing countries and emerging…

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At the Global Green Growth Week 2024, the Global Green Growth Institute (GGGI) launched the Carbon Transaction Facility (CTF) in a high-profile event inaugurated by GGGI’s President of the Assembly and Chair of the Council, H.E. Ban Ki-Moon. The CTF offers a comprehensive solution to scaling up international carbon trading under Article 6 of the Paris Agreement, addressing major challenges in market development. The Carbon Transaction Facility is the first of its kind, standing as the only international facility solely focused on expanding Article 6-aligned carbon markets Through the CTF,…

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