Institutional background
In order to promote the implementation of carbon reduction projects in developing countries, least developed countries, and small island countries, and to obtain carbon reduction funds in a more efficient and transparent manner, GCA was officially established in 2024, and developed relevant platforms and rules based on Article 6.4 to register and issue GCACM projects. The emission reductions generated by GCACM projects are achieved through various means, such as emission reduction trading and digital currency, to help enterprises achieve carbon neutrality.
GCA mainly sets up the roles of Board of Directors, Staff, and Experts, who work together to promote the operation of the GCA platform. The specific responsibilities of each party are outlined in Governance.
