Benin and Norway have signed a bilateral agreement on international climate cooperation at COP29 in Azerbaijan. Under the agreement, Norway will support and finance renewable energy initiatives in Benin, which the country will use to generate carbon credits for Norway to purchase.
“Our partnership with Norway under Article 6 opens new avenues for sustainable development, climate financing and environmental protection in Benin,” stated Benin’s Minister of Economy and Finance Romuald Wadagni, adding, “We are committed to implementing projects that will benefit our communities and contribute to global climate goals.”
The agreement also includes support for solar and off grid power projects, as well as technical assistance for Benin to monitor emission reduction activities.
“This agreement exemplifies Norway’s commitment to global climate action and our support for sustainable development in partner countries. By collaborating with Benin, we aim to achieve mutual benefits in reducing emissions and fostering green growth,” stated Norwegian Minister of Climate and Environment Tore O. Sandvik.