The governments of Norway and Switzerland announced a new cross border durable carbon dioxide removal agreement, marking the first-ever international deal to be conducted under Article 6.2 of the Paris Agreement.
According to Switzerland and Norway, the new agreement is aimed providing insights into regulatory frameworks, monitoring and reporting, and supporting the development of a sustainable commercial market for carbon capture and storage CCS and CDR, in addition to enabling long-term investment in climate technologies.
Norwegian Minister of Energy Terje Aasland said:
“This agreement is a pioneering step. It enables us to test how international coop…
