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المساء
Al-Massae Governance Hub
A workshop on “Climate Finance and Carbon Markets” concluded in Algeria yesterday under the supervision of Minister of State and Minister of Hydrocarbons Mohamed Arkab, and Minister of Environment and Quality of Life Kaouter Krikou. Arkab said its recommendations would provide a basis for developing a national strategy for integrated and sustainable governance and turning climate commitments into projects that can be implemented. The recommendations called for establishing a legislative and regulatory framework, creating a unified platform for reporting emissions and exchanging data, adopting a green classification system for projects, developing green investment, and preparing financial institutions to attract funding. Krikou stressed the need to reconcile environmental protection with development requirements, while Sonatrach and Sonelgaz presented their efforts and projects to meet environmental commitments and reduce emissions.
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