Norway enters carbon credit agreement with Indonesia | HappeningNow.news

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Norway enters carbon credit agreement with Indonesia

Norway has agreed to purchase up to 12 million tonnes of emission reductions from Indonesia via a new carbon credit agreement.

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Norway has signed a ten‑year carbon credit agreement with Indonesia, under which it will buy up to 12 million tonnes of verified emission reductions. The reductions will be generated by new renewable energy projects in Indonesia. The deal was announced in a statement from the Norwegian government.

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