Within the framework of the UN Climate Change Conference COP31 in Antalya, Advisor to the President of Uzbekistan and Chairman of the National Committee on Ecology and Climate Change Aziz Abduhakimov met with Global Green Growth Institute (GGGI) Executive Director Frank Rijsberman.
The meeting discussed issues of attracting green investments, financing climate projects, and establishing carbon credit trading within the framework of Article 6 of the Paris Agreement.
The parties considered the formation of joint investment projects on sustainable forestry, climate-smart agriculture, and green construction within the framework of the cooperation program for 2024–2028.
Special attention at the meeting was paid to utilizing the carbon sequestration potential of more than 2 million hectares of protective forests planted on the dried-up bed of the Aral Sea. Through this, it is planned to attract additional funding based on the mechanisms of Article 6 of the Paris Agreement.
Additionally, discussions covered the development of a monitoring system based on satellite data and artificial intelligence, concluding the first carbon agreement between Uzbekistan and Korea, and attracting Korean buyers.
At the end of the meeting, it was proposed to agree on an action plan for forming a list of priority investment projects and preparing a preliminary agreement on forest carbon credits by the end of the first quarter of 2027.
