Global Carbon Council
Global Carbon Council (GCC), formerly known as Global Carbon Trust (GCT), is MENA region's first voluntary carbon offsetting program. It facilitates global stakeholders in implementing climate actions through provision of voluntary carbon offsetting program.
The overall purpose of GCC is to contribute to achieve Paris Agreement objective of limiting global warming to 1.5oC by developing relevant standards and framework and by providing price signal to the market to catalyze, enhance and leverage climate change mitigation finance globally and especially for MENA region, which has largely remained under-represented in using carbon market instruments to catalyze climate actions.
On 19 March 2021, Global Carbon Council received full approval under Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) of United Nations' International Civil Aviation Organization (ICAO). Following CORSIA's approval, Global Carbon Council has been listed among select international programs qualified to supply carbon credits to international airlines in order to meet their carbon neutral growth targets. Based in Qatar, Global Carbon Council is now one of the two CORSIA-eligible international GHG programs that are headquartered in developing countries. GCC has also received full endorsement from the International Carbon Reduction and Offset Alliance (ICROA).
Presided by noted Qatari environmentalist Dr. Yousef Alhorr, Global Carbon Council is facilitating organizations to implement carbon reduction projects and issue carbon credits that will be used to deliver, as indicated by the organizing parties, a carbon-neutral 2022 FIFA World Cup and many other potential carbon neutrality purposes. Global Carbon Council is a member of the International Emissions Trading Association (IETA) Archived 2023-03-17 at the Wayback Machine. Within MENA region, it is the first and only global voluntary GHG offsetting program.