10,698.13 TRY BIST 100 BIST 100
49.12 EUR EUR EUR
42.34 USD USD USD
5.99 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
40.24 TRY Interest Interest
64.20 USD Fossil Oil Fossil Oil
67.83 USD Silver Silver
4.96 USD Copper Copper
103.91 USD Iron Ore Iron Ore
345.00 USD Shipbreaking Scrap Shipbreaking Scrap
64.20 TRY Gold (gr) Gold (gr)

Joint efforts for a carbon market began in Algeria with the AIMWELL ALGERIA Project

Algeria has officially launched a national carbon market for its waste sector. The AIMWELL ALGERIA Project aims to reduce carbon emissions and support sustainable industrial development through collaboration between the government, industry, and civil society. Representatives from the steel sector emphasized that this initiative could mark a significant step for the country’s industrial landscape.

Joint efforts for a carbon market began in Algeria with the AIMWELL ALGERIA Project

The AIMWELL ALGERIA Project, which aims to establish a national carbon market for Algeria’s waste sector, has been officially launched. Supported by the United Nations Development Programme (UNDP), the project seeks to increase climate-related investments and strengthen environmental sustainability in the country.

The project’s launch workshop brought together international experts, government institutions, the private sector, and civil society organizations. The initiative is designed to enhance cooperation between the government, industry, and civil society.

Participants included the Ministry of Environment and Quality of Life, the Ministry of Foreign Affairs, the Ministries of Industry, Energy, and Finance, as well as the National Waste Agency (AND) and the National Climate Change Agency (ANCC). Key industrial players such as Sonatrach and Sonelgaz also supported the project, contributing to the establishment of a robust carbon market framework.

Steel sector and sustainability

Representatives of the Algerian steel sector highlighted that this initiative could represent a major milestone for the country’s industrial landscape. They noted that developing a national carbon market would accelerate decarbonization, promote energy efficiency, and enhance the competitiveness of key industries—especially the steel sector—in line with international standards such as CBAM.

Sector officials also emphasized that this step would position Algeria as a regional leader in environmentally responsible production and sustainable industrial development, while also contributing to low-carbon steel production.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Rio Tinto has partnered with Calix in Western Australia to develop low emission steel production

Tuesday, November 18, 2025

EMSTEEL has reached an agreement with Primetals Technologies for the installation of a new wire rod line and for modernization works.

Tuesday, November 18, 2025

Acciaierie d’Italia has become a strategic partner of the H2Loop Project

Tuesday, November 18, 2025

US Steel plans to build a DRI plant at the Big River Steel Mill Campus

Tuesday, November 18, 2025

ASSOFERMET: EU safeguard measure on ferroalloy imports raises concerns

Tuesday, November 18, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now