‘Pioneering’ Swiss government approves climate deal with Peru
Tourists in Huaraz, Peru, walk past a photo of the Pastoruri glacier before its retreat, during a tour called 'The Route of Climate Change' in 2016
Keystone
In the first deal of its kind under the Paris Agreement, the Swiss government has approved an agreement that establishes a framework for some of Switzerland’s CO2 emissions to be offset through projects in Peru.
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“Switzerland is playing a pioneering role internationally and setting a standard for international climate projects that meet stringent environmental protection requirements, while also respecting international standards for the protection of human rights,” the government said in a statement on Wednesday.
By ratifying the Paris Agreement, Switzerland has committed to reducing greenhouse gas emissions by 50% compared to 1990 by 2030. It aims to meet this target primarily through domestic measures, but the Paris Agreement also allows states to offset their own emissions through climate projects in other countries. They can count the emission reductions achieved in those countries as credits towards their national reduction target.
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