‘Historic milestone’: Pakistan, Norway sign carbon market deal under Paris Agreement

‘Historic milestone’: Pakistan, Norway sign carbon market deal under Paris Agreement

Pakistan and Norway on Wednesday signed the former’s first-ever carbon market deal under the Paris Agreement, according to an official press release. According to the press release, “Pakistan and Norway on Wednesday signed the country’s first landmark bilateral agreement under Article 6.2 of the Paris Agreement, opening the door to international carbon trading, climate finance and major investment in clean energy and climate-smart agriculture.” To tackle climate change and its negative impacts,...

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