The Coordinating Ministry for Economic Affairs of Indonesia and the Ministry of Climate and Environment of Norway have taken a significant step in international climate collaboration. They signed a Memorandum of Understanding (MoU) during the Global Green Growth Week 2023, focusing on the implementation of Article 6 of the Paris Agreement. This MoU is part of the Designing Article 6 Policy Approaches (DAPA) program led by the Global Green Growth Institute (GGGI). The agreement formalizes cooperation between the two countries in the area of Article 6 and carbon trading, aiming to accelerate mitigation efforts and foster carbon trading in the near future.

Source: ESGNewsasia