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The KliK Foundation

Home > The KliK Foundation
26
Apr

By: Adminalliance

Comments: 0

The KliK Foundation is preparing to widen the scope of its emission reduction procurement to inter­na­tional activ­ities starting in 2021.

The draft proposal for the Swiss CO₂ Act stipu­lates the following: on behalf of motor fuel importers, the KliK Foundation is to procure inter­na­tional emission reduc­tions in order to offset part of carbon emissions gener­ated by the use of motor fuels in Switzerland. This should amount to 54 million tonnes of CO₂e for the period 2021–2030.

Binding rules for the recog­nition of inter­na­tional emission reduc­tions under the Swiss CO₂ Act will only become clear in 2021. Until this point, the KliK Foundation will build its portfolio of inter­na­tional activ­ities on a provi­sional basis, only later entering financial commit­ments.Get more information here

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Eastern Africa Alliance on Carbon Markets and Climate Finance

The Eastern Africa Alliance on Carbon Markets and Climate Finance is a coalition of seven member countries, Burundi, Ethiopia, Kenya, Rwanda, Tanzania, Uganda and Sudan. The Alliance was born out of the need to participate, shape and enhance the regional readiness with regard to the new generation of market mechanisms under Article 6 of the Paris Agreement.

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