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Senegal and Norway sign deal to activate Article 6 carbon market mechanisms

Norway plans up to $740mn to fund verified emission reductions, supporting Senegal’s entry into cooperation frameworks under the Paris Agreement.

Senegal and Norway sign deal to activate Article 6 carbon market mechanisms

SectorCarbone, Marché carbone
ThemeInvestissements & Transactions, Développement de projets, Financement

Senegal and Norway signed an agreement during COP30 in Brazil to implement the provisions of Article 6 of the Paris Agreement. This partnership positions Senegal among African nations prepared to mobilise international funding in exchange for certified greenhouse gas emission reductions.

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