Thank you so much for your support. At COP29, CfRN’s strong negotiating presence at COP29 in Azerbaijan contributed to both an historic deal on climate finance for developing countries and the completion of Article 6. The Article will provide a new, transparent, UN backed mechanism under the Paris Agreement to finance carbon reductions.

Also, Suriname is now leading on their commitment to taking climate action and equitably transitioning their economy. Suriname announced its intention to sell the world’s first UN carbon credits under the Paris Agreement, Article 6. The carbon credits, called Internationally Transferable Mitigation Outcomes (ITMOs), will help corporations compensate for their emissions.