HomeAfrica-NewsLiberia: EPA Convenes Retreat on Carbon Market Framework

Liberia: EPA Convenes Retreat on Carbon Market Framework

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 03/05/2024 – 07:24

The Environmental Protection Agency (EPA), in collaboration with the UNDP, has convened a one-day retreat aimed at developing a carbon roadmap readiness framework for Liberia.

The high-level meeting which brought together Civil Society Organizations, academia, government officials, and policymakers will help to develop a framework to assist the government in leveraging the carbon market.

“This retreat is an opportunity for us to initiate a stocktaking process and see how we can accelerate actions to access finance in the short, medium, and long term for the development of our country,” Dr. Emmanuel Yarkpawolo, Acting Executive Director, of EPA said in his opening remarks.

In 2021, Liberia submitted its Nationally Determined Contributions to the United Nations Framework Convention on Climate Change with a commitment to reduce emissions by 64% by 2030 below the Business-as-usual levels. Agriculture, Coastal Zone, fisheries, forestry, energy, health, Waste, industries, and Transport are key sectors the NDC takes into consideration to reduce emissions.

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