Asia Pacific > US-led Indo-Pacific initiative plans Article 6 collaboration, weighs big spending on carbon removals

US-led Indo-Pacific initiative plans Article 6 collaboration, weighs big spending on carbon removals

Published 09:45 on March 15, 2024  /  Last updated at 09:45 on March 15, 2024  / /  Asia Pacific, Australia, International, Other APAC, Paris Article 6

The Indo-Pacific Economic Framework (IPEF), spanning 13 countries across the region and the US, has penned a Clean Economy Agreement (CEA) that involves collaboration on the Paris Agreement’s Article 6 and potential spending of as much as $10-15 billion on carbon removals this decade.
The Indo-Pacific Economic Framework (IPEF), spanning 13 countries across the region and the US, has penned a Clean Economy Agreement (CEA) that involves collaboration on the Paris Agreement’s Article 6 and potential spending of as much as $10-15 billion on carbon removals this decade.


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