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    Home » Projects in ex-colonies should count toward EU climate goal, Portugal says
    Carbon Credits

    Projects in ex-colonies should count toward EU climate goal, Portugal says

    userBy userMay 28, 2025No Comments1 Min Read
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    BRUSSELS — Portugal wants to meet its share of the European Union’s climate target with green investments in its former colonies.

    The demand comes as the European Commission prepares its proposal for a blocwide 2040 climate goal. Several governments already want the EU executive to let them count international carbon credits — regulated permits that pay for climate-friendly projects abroad — toward the new target.

    Lisbon, however, is going one step further.

    Portuguese Environment Minister Maria da Graça Carvalho said the country should also get credit for planet-warming emission cuts that result from Portugal’s investments in renewable energy projects in Cabo Verde or São Tomé and Príncipe — the country’s former colonies. That should occur, she added, even if those projects are not regulated under the global carbon credit regime.



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