Norway and Pakistan Strike Landmark Climate Deal Under Paris Agreement
Norway and Pakistan Strike Landmark Climate Deal Under Paris Agreement
Norway and Pakistan Strike Landmark Climate Deal Under Paris Agreement
Norway and Pakistan have signed a new climate agreement to cut emissions and generate carbon credits. The deal will help Norway meet its 2030 climate target while supporting green projects in Pakistan. Both countries aim to strengthen cooperation under the Paris Agreement's international framework. The agreement allows emissions reductions in Pakistan to be converted into carbon credits for Norway to purchase. This partnership operates under Article 6 of the Paris Agreement, which permits the transfer of emission cuts between nations. The reductions must be permanent and meet strict environmental standards.
Norway's **Ministry of Climate and Environment** is driving the effort through its **Initiative for Global Emissions Reductions (NIGU)**. The scheme is part of Norway's broader push to develop a global carbon market. NIGU has teamed up with three international organisations—the **Asian Development Bank**, the **Global Green Growth Institute (GGGI)**, and the **World Bank**—all of which already have operations in Pakistan. Climate and Environment Minister **Andreas Bjelland Eriksen** highlighted that the deal will encourage private investment and create green jobs in Pakistan. After a fixed period, the emissions cuts may also contribute to Pakistan's own climate targets.
The agreement links Norway's climate goals with Pakistan's sustainable development efforts. By purchasing carbon credits, Norway secures progress toward its 2030 target. Meanwhile, Pakistan gains funding for emissions reduction projects and economic growth in green sectors.