Asia Pacific > COP29: Norway to join ADB Article 6 carbon fund, pledges $50 mln

COP29: Norway to join ADB Article 6 carbon fund, pledges $50 mln

Published 16:17 on November 21, 2024  /  Last updated at 16:17 on November 21, 2024  / /  Asia Pacific, EMEA, International, Nature-based, Paris Article 6, Voluntary

Norway will join a fund from the Asian Development Bank (ADB) that seeks to provide carbon finance to developing countries in Asia Pacific to support Article 6 projects, the country announced at COP29 on Wednesday, pledging $50 million to the effort.
Norway will join a fund from the Asian Development Bank (ADB) that seeks to provide carbon finance to developing countries in Asia Pacific to support Article 6 projects, the country announced at COP29 on Wednesday, pledging $50 million to the effort.


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