Americas > LATAM & Caribbean > Chile, New Zealand to consider Article 6 ITMO cooperation under new approach

Chile, New Zealand to consider Article 6 ITMO cooperation under new approach

Published 22:44 on July 21, 2022 / Last updated at 22:44 on July 21, 2022 / / Americas (LATAM & Caribbean), Asia Pacific (Pacific), International (Paris Article 6/PACM)

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Chile and New Zealand on Thursday announced they will look into a new mechanism under the Paris Agreement’s bilateral trading provision to generate emissions reductions beyond the South American country’s climate goals and generate carbon credits for the South Pacific nation.
Chile and New Zealand on Thursday announced they will look into a new mechanism under the Paris Agreement’s bilateral trading provision to generate emissions reductions beyond the South American country’s climate goals and generate carbon credits for the South Pacific nation.


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