Boosts carbon price to 10 dollars per tonne in Colombia climate forest deal
NewsDecember 20, 2019
Norway continues to push ahead with REDD+, offering to pay Colombia NOK 2 billion for reduced deforestation by 2025 and increasing the carbon price from 5 to 10 dollars per tonne, while donor partners Germany and the United Kingdom hold back. Colombia failed to meet forest conservation targets set in the first phase of the agreement.
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