Americas > GGGI launches facility to catalyse $500 mln for ITMO purchases by 2030

GGGI launches facility to catalyse $500 mln for ITMO purchases by 2030

Published 11:15 on October 16, 2024  /  Last updated at 11:15 on October 16, 2024  / /  Americas, Asia Pacific, EMEA, International, Paris Article 6, South Korea, Voluntary

The Global Green Growth Institute (GGGI) has launched a facility to support scaling of international carbon trading under Article 6 of the Paris Agreement and catalyse up to $500 million solely for the transactions of Internationally Transferred Mitigation Outcomes (ITMOs) by 2030, it announced Wednesday.
The Global Green Growth Institute (GGGI) has launched a facility to support scaling of international carbon trading under Article 6 of the Paris Agreement and catalyse up to $500 million solely for the transactions of Internationally Transferred Mitigation Outcomes (ITMOs) by 2030, it announced Wednesday.


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