On July 7, President Shavkat Mirziyoyev signed a new law On Limiting Greenhouse Gas Emissions, introducing a legal framework for carbon trading in Uzbekistan. The law defines carbon units as the volume of greenhouse gases reduced or captured through green projects, measured as one tonne of CO₂ equivalent.
These carbon units will be tracked in a national registry managed by the Green Economy Projects Centre under the Ministry of Economy and Finance. The registry will record all details related to the generation, transfer, sale and retirement of carbon units.
Carbon Market to Launch in 2026
The system will...