(MENAFN- Gulf Times) The Global Carbon Council (GCC), recognised as the Global South's first internationally accredited carbon market programme under ICAO's Corsia scheme, and the State Secretariat for Climate Change of the Province of Misiones, Argentina, formalised a memorandum of understanding (MoU) yesterday during COP30 in Belem, Brazil.
The agreement was signed by Dr Yousef Alhorr, founding chairman of GCC, and Gervasio Malagrida, secretary, Department of Climate Change, Misiones, Argentina.
The MoU establishes a framework for co-operation to promote the development and implementation of carbon market initiatives in Misiones Province.
Key areas of collaboration are: Capacity-building workshops and training programmes on GCC standards, project registration, issuance processes, and methodology development; support for integrating GCC standards and methodologies into the domestic carbon market of Misiones; advisory support for finalising the provincial Carbon Policy Framework, aligned with Article 6.2 of the Paris Agreement and other mutually agreed activities to strengthen climate action and carbon market infrastructure.
Dr Alhorr said:“This MoU represents a significant step forward in advancing high-integrity carbon markets in the Global South. By partnering with Misiones, GCC aims to bring technical expertise, global best practices, and innovative methodologies to support sustainable development and climate action at the provincial level. Together, we will strengthen carbon market infrastructure, empower local stakeholders, and demonstrate how transparent and scalable carbon solutions can deliver measurable environmental and socio-economic benefits.”
“This partnership with GCC provides Misiones with a unique opportunity to align our carbon policy and market initiatives with international standards. The technical guidance, capacity-building programs, and digital tools provided by GCC will enable us to implement high-quality carbon projects, strengthen institutional capabilities, and attract climate finance. We are confident that this collaboration will accelerate our climate action agenda, support sustainable energy and land-use solutions, and position Misiones as a leader in carbon market innovation within Argentina and the region,” added Malagrida.
This collaboration reinforces both parties' dedication to building robust carbon market infrastructure, supporting sustainable development, and fostering regional and international co-operation under the Paris Agreement COP30 Climate Change Belem

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