Press release - GCMN launch, 10 November 2026
The Global Carbon Market Network (GCMN) is a UNCTAD-convened, market-oriented, multi-stakeholder platform that brings together carbon exchanges, financial institutions, investors, project developers, standard setters, market infrastructure providers, and other key stakeholders to strengthen carbon markets and mobilize investment and finance for climate action, particularly in developing economies.
The Network aims to support the implementation of Article 6 of the Paris Agreement, facilitate cross-border investment in carbon credit projects, and foster credible, efficient and interconnected carbon markets through enhanced market integrity, greater alignment of standards and infrastructure, and financial and digital innovation.
The official launch of the GCMN at COP31 will bring together its Founding Members, international organizations and other partners to mark the establishment of the Network and outline its vision and priorities for future cooperation.
UNCTAD will present the Network's objectives, governance arrangements and initial programme of work. The Network's Co-Chairs and Founding Members will share their perspectives on key priorities and opportunities for collaboration, and highlight the Network's potential to strengthen carbon markets and mobilize climate finance for developing economies.
Speakers
Opening remarks
- Mr. Pedro Manuel Moreno, Acting Secretary-General, UN Trade and Development (UNCTAD)
GCMN Vision, Objectives and Priorities
- Ms. Nan Li Collins, Chair UN Sustainable Stock Exchanges Initiative; Lead, World Investment Forum
Keynote remarks
- H.E. Eng. Salim bin Nasser Al Aufi, Minister of Energy and Minerals of the Sultanate of Oman
- Ministers from invited countries (tbc)
- Mr. Sammy Yeung, Commissioner for Climate Change, Hong Kong SAR (China)
- Mr. Yousef Mohammed Alhorr, Founding Chairman, Global Carbon Council (GCC), Qatar
Vision and Priorities of the Network's Co-Chairs
- Mr. Ma Jun, Chairman of the Hong Kong Green Finance Associationand Chairman of the Capacity-building Alliance for Sustainable Investment (CASI)
- Mr. Mike Zehetmayr, Chair, UK Carbon Market Forum
Founding Members' Perspectives: Priorities for Cooperation and Action
- Mr. Saïd Ibrahimi, CEO, Casablanca Finance City Authority
- Ms. Meng Meng, CEO, Macao International Carbon Emission Exchange
- Ms. Oi-Yee Choo, CEO, Climate Impact X, Singapore
- Mr. Kautsar Primadi Nurahmad, Vice President, Business Development, Indonesia Stock Exchange
- Mr. Cassio Souza, Director, Market & Client Relations, Verra
- Mr. Zhanbolat Kakishev, Chief Product Officer, Astana International Financial Centre (AIFC)
Group photo
