The two projects, Oman Blue Carbon from the Sultanate of Oman and Solar DC from India, were registered in the FRA's carbon emissions reduction database.
These efforts align with Egypt’s larger environmental goals, particularly its commitment to reduce emissions from electricity generation, transmission, and distribution by 37% by 2030.
The Financial Regulatory Authority (FRA) announced the successful sale of 350 carbon emission reduction certificates.
He mentioned that there were 12 trading operations in the market, with approximately 4,500 voluntary carbon certificates in circulation and 18,375 carbon certificates registered in the authority's database.
The Financial Regulatory Authority (FRA) approved 12 new projects to be registered in its carbon emissions reduction database, enabling them to soon trade on the new voluntary carbon market (AFRICARBONex).
