Table 5.

Processes for using Article 6 of the Paris agreement

ProcessesDescription
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) 

or Create an Account

Close Modal
Close Modal