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Ethiopia, Russia Partner on Carbon Trading & Climate Change Mitigation

© Photo X / @MoPD_EthiopiaEthiopia and Russia signed a Memorandum of Understanding at the 29th session of the UN Climate Change Conference in Baku.
Ethiopia and Russia signed a Memorandum of Understanding at the 29th session of the UN Climate Change Conference in Baku. - Sputnik Africa, 1920, 14.11.2024
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COP29, the 29th UN Climate Change Conference, is taking place in Baku, Azerbaijan, on November 11-22. The choice of Azerbaijan as a host country was motivated by the fact that the country is a major oil and gas producer.
Ethiopia and Russia agreed to collaborate on carbon trading and climate change mitigation initiatives, signing a Memorandum of Understanding at the 29th session of the UN Climate Change Conference in Baku, Azerbaijan, the Ethiopian Ministry of Planning and Development reported.
This agreement aims to strengthen Ethiopia's efforts to restore its forests and combat climate change through the country's Green Legacy program, the goal of which is to reduce greenhouse gas emissions and promote carbon trading.
The Russian Federation pavilion at the exhibition held within the framework of the XXIX session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29) in Baku. - Sputnik Africa, 1920, 14.11.2024
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The partnership also includes providing technical assistance for forest conservation and facilitating carbon trading initiatives, according to the Ethiopian ministry.
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