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The Global Carbon Footprint Council has signed a memorandum of understanding with the Ministry of Environment and Climate Change in the Kingdom of Bhutan to enhance its capabilities in international carbon markets and support the implementation of Article 6 of the Paris Agreement. The agreement aims to develop Bhutan’s capacities in market governance, methodology development, project preparation, and the issuance of carbon credits, as well as building the infrastructure for a digital registry to enable the country’s participation in the global market efficiently and transparently. This partnership comes as part of Bhutan’s efforts to achieve its net-zero emissions target and expand climate finance tools while preserving the environment and promoting sustainable development.
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