Nature-based solutions
Africa
Rwanda
Paris Agreement
Article 6
Nature-based solutions
How it works
Green Earth
Investor information
Insights
Sessions & Guides
Sweden and Rwanda have signed a preliminary agreement to collaborate on carbon reduction projects under Article 6 of the Paris Agreement. This move paves the way for future discussions on specific projects aimed at cutting carbon emissions and advancing Rwanda’s energy transition.
Landscape view of forest in Rwanda. AI generated picture.
Sandra Lindström, head of International Environmental Cooperation at Sweden’s Energy Agency, emphasised the dual benefits of the deal, noting that it would both reduce emissions and improve living conditions for the local population.
Read more: African leaders call for a minimum carbon price to strengthen carbon projects
This agreement marks Sweden’s fifth memorandum of understanding (MoU) under Article 6, following similar partnerships with Zambia, Nepal, and the Dominican Republic, along with collaborations with Switzerland. Rwanda has also secured MoUs with Singapore and Kuwait, further cementing its leadership in advancing Article 6 deals in Africa.
Rwanda recently became the first African nation to issue a Letter of Authorisation for a project under Article 6, signifying its commitment to the necessary accounting adjustments for credits sold internationally.
While no specific projects were outlined in the announcement, Sweden has already invested in several African carbon reduction projects through the Nefco green fund, including cleaner cooking technologies. However, Rwanda has yet to be included in these initiatives.
Despite strong advocacy for Article 6, Swedish climate negotiators stress the importance of ensuring greater transparency in these international environmental agreements.
Read more: Dutch companies leading the charge in carbon footprint compensation
Partnering with DGB Group ensures your business is prepared to navigate sustainability. With our expertise in carbon footprint analysis, reduction strategies, and compensation solutions, we help businesses not only meet regulatory standards but also make significant progress toward sustainability goals.
Starting your sustainability journey today positions your business for long-term success. Begin by assessing your environmental impact and implementing a strategy to reduce and compensate for your emissions.
Japan has initiated a consultation process to better align its Joint Crediting Mechanism (JCM) with the carbon market rules outlined under Article 6 of the Paris Agreement. This move follows decisions made at COP29 in Baku, where global standards...
The COP29 summit has delivered a historic breakthrough, finalising Article 6 of the Paris Agreement after a decade of negotiations. This pivotal achievement establishes high-integrity carbon markets, offering countries and companies a transparent...
In a historic move, Greenland, through its parliament, Inatsisartut, has committed to joining the Paris Agreement. The decision reflects a collective effort to address growing environmental concerns. The international treaty aims to limit the global...