Report
Ethiopia Backs Global Carbon Market Push as Forest Credit Deals Remain Unsigned
Ethiopia joined China and Türkiye to launch a global initiative aimed at strengthening cooperation on carbon crediting markets, unveiled at COP31 in Antalya as the country prepares to host COP32 in 2027. The initiative seeks to improve governance of high-integrity credits, promote interoperability among market mechanisms, and boost information sharing and the interconnectivity of carbon-market infrastructure. Ethiopia is also laying groundwork for forest-carbon trading, but its forest-credit deals have yet to reach the deal-making stage.




