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Zambia–Norway carbon deal to add 300MW renewables, cut emissions

Lusaka, Zambia. © Pexels
  • 300MW renewable power planned under Zambia–Norway carbon pact
  • Deal targets 3.5mn tonnes of emissions cuts over 10 years

 

LUSAKA, ZAMBIA — Zambia and Norway have signed a carbon-finance pact to deliver 300 megawatts of renewable power while cutting emissions by 3.5mn tonnes over a decade.

Zambia and Norway have concluded a Mitigation Outcome Purchase Agreement (MOPA) under the Carbon Feed-in Premium (CFIP) programme, anchoring one of Africa’s most concrete uses of international carbon markets to crowd in private clean-energy investment.

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