Africa > COP28: Institute to launch $500 mln fund to buy Paris Agreement carbon credits on behalf of governments

COP28: Institute to launch $500 mln fund to buy Paris Agreement carbon credits on behalf of governments

Published 07:33 on December 8, 2023  /  Last updated at 02:12 on December 9, 2023  / /  Africa, Climate Talks, EMEA, International, Nature-based, Paris Article 6, Voluntary

A global institute plans to launch a $500-million fund for buying up Paris Agreement units next year, its head told a side event at COP28 in Dubai, as well as deploying tens of millions of dollars to developing nations through 2027 to help them with technical capacity building.
A global institute plans to launch a $500-million fund for buying up Paris Agreement units next year, its head told a side event at COP28 in Dubai, as well as deploying tens of millions of dollars to developing nations through 2027 to help them with technical capacity building.


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