The topic of Global Carbon Market is becoming increasingly important in our partner countries and, as a result, in international cooperation. As a result, the Gesellschaft für Internationale Zusammenarbeit (GIZ), initiated the 5th phase of the Global Carbon Market (GCM) project in 2018, on behalf of the German Federal Ministry for Economic Affairs and Climate Protection (BMWK). The project supports various partner countries in introducing and using flexible carbon pricing mechanisms and other market-based instruments to mitigate climate change at the national and regional levels.

Authors: Jean-Pierre Sfeir, Marco Della Maggiore, Stephan Hoch, Peris Waweru