Kingdom of Bhutan and GCC Forge Landmark Article 6 Partnership to Advance High-Integrity Carbon Markets

Partnership to strengthen Bhutan’s carbon market capacity, standards, methodologies, and Article 6 infrastructure.

 

DOHA, Qatar, Thimphu, Bhutan 27 July 2026: The Global Carbon Council (GCC), an independent, internationally recognized carbon standard in the Global South, has signed a Memorandum of Understanding (MoU) with Bhutan’s Department of Environment and Climate Change (DECC), the country’s designated national authority for Article 6 of the Paris Agreement Signed by Dr. Yousef M. Alhorr, Founding Chairman of GCC and Mr. Karma Tshering, Hon’ble Secretary, Ministry of Energy and Natural Resources, Royal Government of Bhutan, the MoU aims to strengthen Bhutan’s institutional and technical readiness for participation in international carbon markets, with a focus on capacity development, carbon market governance, methodologies, project development, registration and issuance processes, and digital registry infrastructure. 

The partnership comes as Bhutan continues to strengthen its national carbon market architecture and readiness to participate in cooperative approaches under Article 6 of the Paris Agreement. Bhutan has adopted Carbon Market Rules, launched a National Carbon Registry, established the Bhutan Climate Fund, developed its Carbon Market Framework 2025, and entered into an Article 6.2 implementation agreement with Singapore.

Bhutan’s latest Nationally Determined Contribution (NDC) also reaffirms its long-standing commitment to remain carbon neutral. This ambition is supported by the country’s significant forest cover and its continued efforts to align economic development with environmental conservation and climate resilience.

By bringing together DECC’s national mandate and GCC’s experience in carbon crediting standards, methodologies, project assessment, and market infrastructure, the partnership seeks to translate Bhutan’s climate ambition into credible and scalable carbon market action.

Bhutan has demonstrated exceptional environmental leadership through its enduring commitment to net zero. This collaboration will support the country in translating that ambition into credible and scalable carbon market action. By combining strong national ownership with high-integrity standards, methodologies, and interoperable infrastructure, we aim to help mobilize climate finance while safeguarding environmental integrity and sustainable development,” said Dr. Yousef M. Alhorr, Founding Chairman of the Global Carbon Council.

Under the MoU, GCC will conduct capacity-building workshops and training on GCC standards, rules and requirements, the project development cycle, registration and issuance processes, registry infrastructure, and methodology development. 

The parties will also explore cooperation to support the adoption of relevant GCC standards, governance arrangements, and methodologies for Bhutan’s carbon market. This is intended to strengthen national technical capabilities and facilitate the development of mitigation activities capable of generating measurable and independently verified greenhouse gas emission reductions and removals.

Another key area of cooperation is the potential adoption of GCC’s Carbon Market Infrastructure and interoperable national registry solution to support the operationalization of Article 6.2 of the Paris Agreement. Any implementation of the infrastructure will be subject to a separate agreement between the parties. 

“This collaboration represents an important step in strengthening Bhutan’s institutional and technical readiness for international carbon markets. Through capacity development, knowledge exchange, and access to credible standards and infrastructure, we aim to ensure that Bhutan’s participation in carbon markets supports national priorities, maintains environmental integrity, and contributes to sustainable development,” said Mr. Karma Tshering, Hon’ble Secretary, Ministry of Energy and Natural Resources, Royal Government of Bhutan.

The partnership also builds on earlier engagement between GCC and Bhutan on Article 6 readiness and carbon market implementation. Through continued technical cooperation, the two organizations aim to strengthen the systems needed to attract high-integrity climate finance, support credible mitigation activities, and contribute to Bhutan’s climate and sustainable development objectives.

The parties will develop program-specific work plans defining their respective activities and responsibilities under the MoU. Through this framework, GCC and DECC seek to establish a strong foundation for transparent, inclusive, and internationally aligned carbon market action in Bhutan.

About Global Carbon Council (GCC)

Approved under the UN-ICAO CORSIA scheme and CCP-Eligible under the ICVCM, GCC issues high-integrity voluntary and compliance carbon credits to eligible GHG emission reduction, avoidance, and removal projects worldwide. GCC also supports the World Bank-supported ASCENT Program through the ASCENT Carbon Program Portal, a DMRV-enabled platform.  Headquartered in Doha, Qatar, GCC supports national governments in achieving their NDCs, facilitates the trade of ITMOs under the Paris Agreement, and provides interoperable Carbon Market Infrastructure solutions to support Article 6 implementation.

For more information, visit: https://www.globalcarboncouncil.com

About the Department of Environment and Climate Change

The Department of Environment and Climate Change (DECC)is under the Ministry of Energy and Natural Resources. It is responsible for developing and implementing national policies and programs related to environmental protection and climate change and serves as Bhutan’s designated national authority for Article 6.2 and Article 6.4 of the Paris Agreement. 

For more information, visit: https://www.moenr.gov.bt/?page_id=14246

 

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