Processes for using Article 6 of the Paris agreement
| Processes | Description |
|---|---|
| Research and development |
|
| Regulatory processes |
|
| Information exchange |
|
| Carbon market infrastructure |
|
| Capacity building |
|
| Stakeholder partnerships |
|
| Processes | Description |
|---|---|
| Research and development | Such as the development of virtual pilots and blueprints or the generation of broader methodological work (e.g. Mitigation action assessment protocol tool) |
| Regulatory processes | Bilateral agreements between buyer and seller countries Approval of Article 6 activities Authorization of ITMO and AB transfers Alignment of monitoring, reporting and verification (MRV) MRV of Article 6 activities with NDC accounting |
| Information exchange | Through databases, publications, stakeholder engagement and side events |
| Carbon market infrastructure | Mechanism infrastructure (e.g. registries, governing bodies, support structure with secretariat functions) Trading infrastructure (e.g. auctioning platforms) |
| Capacity building | Institutional capacity building (e.g. of host country designated institutions for authorizing activities, ITMO transfers and related NDC accounting) Carbon markets participants (e.g. project developers, auditors, financing institutions) |
| Stakeholder partnerships | (e.g. West African alliance on carbon markets and climate finance) |
Source(s): Greiner et al. (2020)
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