The Global Carbon Council inks agreement with South Korea’s Climate Change Center on VCM collaboration

GCC signs MoU with South Korea’s Climate Change Center: The Global CarbonCouncil (GCC) has signed an MoU with the Climate Change Center (CCC), a South Korean non-profit organization specializing in climate change responses, to expand the voluntary carbon market (VCM) in South Korea and MENA, according to a statement. GCC will use its background in international GHG crediting to support South Korea’s issuance of Internationally Transferable Mitigation Outcomes — units of greenhouse gas (GHG) emission reductions or removals that can be traded between countries. The two parties will also explore opportunities for integrating GCC’s Registry with AORA (Alliance for Our Responsible Action) with The South Korean VCM Platform launched by CCC last year.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

• More residential solar for Jordanians: Some 4.5k Jordanian households have received support for solar panels and 1.5k for solar water heaters as part of the JOD 10 mn second phase of the Jordan Renewable Energy and Energy Efficiency Fund program. (The Jordan Times)