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Overview
Type:
Governmental
Status:
Implemented in 2024
Administering Jurisdiction or Organization:
Portugal
Description
The Portuguese government approved a law to establish a voluntary carbon market in December 2023. The new law allows the Portuguese Environment Agency (Agência Portuguesa do Ambiente) to establish a domestic crediting mechanism that includes rules governing additionality, permanence, monitoring, reporting and verification.
Recent Developments
In October 2025 the first methodology was approved, focused on afforestation on non-forest lands. A national registry platform, operated by ADENE, was also launched in October 2025.
Relation to Compliance Carbon Pricing Instruments or other Voluntary Schemes in the country
None
Eligible Activities
No eligible activities specified for this mechanism.
Cumulative Project Registrations
No data available for this mechanism.
Cumulative Issued Credits
No data available for this mechanism.