China, Turkey, and Ethiopia Advocate for Enhanced International Cooperation on High-Quality Carbon Credits
China, Turkey, and Ethiopia push for stronger international collaboration on high-quality carbon credits during COP 31 in Antalya.
Antalya, November 12 (Daily Kiran) : In Antalya, on November 12, representatives from China, Turkey, and Ethiopia gathered during the 31st Conference of the Parties (COP 31) to the UN Framework Convention on Climate Change. They collectively advocated for stronger international cooperation on high-quality carbon credits. This initiative was highlighted during a high-level event at the COP 31 China Corner.
Li Gao, China’s Deputy Minister of Ecology and Environment and head of the Chinese delegation, emphasized the rising demand for high-quality international credits as the market mechanisms outlined in Article 6 of the Paris Agreement begin to take shape. He noted that enhancing collaboration among various parties would improve the supply of high-quality carbon credits, meet market demands, and strengthen the flow of carbon credits. This, in turn, would allow for a more effective role in global climate governance and facilitate the transition to greener, low-carbon practices.
The representatives called for governments and agencies worldwide to take a leading role in establishing a comprehensive governance framework for high-quality carbon credits. They urged various social entities to responsibly utilize carbon credits to generate effective market demand. Additionally, they advocated for strengthening international exchanges and capacity-building initiatives among different stakeholders.
