EMEA > Africa > COP30: Countries agree to transfer millions to PACM from CDM, double down on existing Article 6 decisions

COP30: Countries agree to transfer millions to PACM from CDM, double down on existing Article 6 decisions

Published 15:33 on November 21, 2025 / Last updated at 20:48 on November 21, 2025 / and / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), CO2 Management (CCUS, Engineered Removals), EMEA (Africa, Europe, Middle East), International (Paris Article 6/PACM, UN Climate Talks), Nature-based Carbon (Forestry, Other NbS), Voluntary (VCM Developments, VCM Governance)

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Parties in Belem agreed not to significantly change existing decisions made on Article 6 and to channel nearly $30 million to the new Paris Agreement Crediting Mechanism (PACM) from the Kyoto Protocol-era Clean Development Mechanism (CDM), as part of decisions made at COP30 on Friday.
Parties in Belem agreed not to significantly change existing decisions made on Article 6 and to channel nearly $30 million to the new Paris Agreement Crediting Mechanism (PACM) from the Kyoto Protocol-era Clean Development Mechanism (CDM), as part of decisions made at COP30 on Friday.


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