GGGI Launches the First of Its Kind Carbon Transaction Facility

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,…

Read More

GGGI announces new commitments as Nestlé and Tesco join fight against ghost fishing gear

At the Our Ocean 2018 conference in Bali, Nestlé, the world’s biggest food company and Tesco, the UK’s biggest supermarket chain, have announced they have joined the Global Ghost Gear Initiative (GGGI) to help address the more than 640,000 tonnes of fishing gear, also called ‘ghost gear’, ending up in our oceans every year. The Global Ghost Gear Initiative, founded in 2014, is the only global alliance of its kind, dedicated to tackling the problem of ghost fishing gear at a global scale. <br/> Ingrid Giskes, Chair of the GGGI…

Read More