KliK Foundation
International activities
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International activities of the KliK Foundation
We financially support various greenhouse gas mitigation activities abroad in countries with bilateral climate agreements.
As part of its climate target, Switzerland plans not only to limit domestic emissions, but also to reduce emissions abroad. Switzerland wants to use Article 6.2 of the Paris Agreement to credit such emission reductions as a fee to its climate target. This requires a bilateral climate agreement that rules out double counting of emission reductions. The KliK Foundation finances the development of greenhouse gas mitigation activities and buys the resulting emission certificates, known as internationally transferred mitigation outcomes (ITMOs), which it hands over to Switzerland.
The greenhouse gas mitigation activities supported by the KliK Foundation must be authorised by both Switzerland and the respective partner country. ITMOs are only issued for verified emission reductions that go beyond those to which the partner country has committed itself under the Paris agreement. In line with Article 6 of the Paris Agreement, the authorisation shall assess the extent to which the specific mitigation activity enhances the ambitions of the participating countries and delivers social, environmental and health benefits.
Bilateral climate agreements
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How does a country reach a bilateral climate agreement with Switzerland?
Representatives of interested countries must contact the Swiss federal office for the environment (FOEN) directly and apply to start talks. The KliK Foundation is not involved in the selection of countries or the conclusion of bilateral climate agreements.
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