- Multiple domestic and international updates, including COP31 preparations in Antalya, social housing applications in Istanbul, and a cabinet meeting in Ankara.
- Uzbekistan is preparing for COP31 in Antalya, with Aziz Abdukhakimov chairing a national committee meeting in Tashkent.
- A meeting involving Uzbekistan was held in Antalya during COP31 on November 14th.
Uzbekistan's TMK and Valor Carbon explore carbon credit partnership at COP31
What happened
Uzbekistan's Technological Metals Complex and Valor Carbon signed a memorandum of cooperation during the 31st UN Climate Change Conference (COP31) in Antalya, Türkiye, on November 13, 2026. The agreement establishes a framework for the two companies to explore potential cooperation in the carbon credit market. TMK, which extracts metals from industrial waste, is partnering with Valor Carbon, a climate finance company specializing in carbon markets.
From trend.az
Why it matters
The partnership is part of TMK's efforts to advance environmentally sustainable production practices. Valor Carbon helps organizations develop projects focused on emissions reduction and carbon removal, including energy efficiency. This collaboration provides a framework for bilateral engagement in the carbon credit market.
Uzbekistan was preparing for COP31 in Antalya, and a meeting involving Uzbekistan was held during the conference.
From trend.az
Who's involved
- UzbekistanThe sovereign state whose Technological Metals Complex (TMK) signed the agreement to explore carbon credit revenue.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- UzbekistanSpeculative
Uzbekistan might see increased revenue streams from the direct signing of a memorandum of cooperation for carbon credits.
- EuropeSpeculative
The new industrial carbon credit framework could influence global and European carbon market pricing.
- Green Climate FundSpeculative
The focus on carbon credits could align with the Green Climate Fund's mandate for climate finance and project funding.
Keep exploring
The entities involved
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Uzbekistan
sovereign state in Central Asia
Related events
- Uzbekistan joins the Global Green Growth Institute for climate cooperation, focusing on carbon projects on the Aral Sea seabed.
- Mirziyoyev attended COP31 in Antalya, discussing climate change mitigation and expanding strategic partnerships with the EBRD.
- Uzbekistan reported cooperation on energy infrastructure projects.