Paris Agreement Article 6 Implementation Partnership
Towards high integrity carbon markets
About
We stress the importance of the implementation of Article 6 of the Paris Agreement, which has potential to enhance climate actions. We also recognize the need for capacity building in particular in developing countries for implementation of Article 6 and enhanced transparency framework under Article 13 in the Paris Agreement as well as to increase the readiness for accessing climate finance resources for private and public sectors to support national and global climate objectives and international cooperation.
In order to promote global emission reductions, early and steady implementation of a “high integrity carbon market” that ensures environmental integrity based on Article 6 of the Paris Agreement is key to further deepening reduction particularly in developing and emerging countries.
To this end, it is necessary to support capacity building for the countries and relevant stakeholders that implements the Article 6, and share the activities of international organizations, research institutions, private companies to identify issues and addressing them by collaborating and cooperating to resolve these issues.
This will promote the formation of higher quality emission reduction projects by utilizing high integrity credits to which corresponding adjustments are applied in accordance with the rules of Article 6 of the Paris Agreement.
Areas of work
- Facilitate understanding of A6 rules and linkages with NDCs
- Share good practices of institutional arrangements
- Conduct mutual learning and trainings for A6 reporting and review
- Support baseline methodology (tool development, etc.)
- Designing of high integrity carbon markets
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Messages from Partners
“To achieve the 1.5°C target of the Paris Agreement, it is essential for the entire world to make further emission reductions. In addition, the establishment of a “high integrity carbon market” in line with Article 6 of the Paris Agreement will attract more private investments.”
- Mr. NISHIMURA Akihiro, Minister of the Environment, Japan
“Effective and swift implementation of Article 6 throughout the globe can be a game changer in our efforts to tackle global warming.”
- Mr. Simon STIELL, United Nations Framework Convention on Climate Change Executive Secretary
“To harness the potential of carbon markets, we need to lower the barriers of entering the market for Parties to participate.”
- Ms. Grace FU, Minister for Sustainability and the Environment, Singapore
“Germany is prepared to share its activities in the field of capacity building supporting. Let us keep the momentum and let us enable Parties to get access to the UNFCCC based carbon markets.”
- Mr. Stefan WENZEL, Parliamentarian State Secretary of the German Ministry for Economic Affairs and Climate Action, Germany
“Capacity building is needed for Article 6 process and market readiness to further build policy foundations which fits in line with NDCs, Long-term Strategies, and Sustainable development.”
- Mr. James SHAW, Minister for Climate Change, and Associate Minister for Environment (Biodiversity), New Zealand
“It is important to share knowledge and experience on mitigation and adaptation actions to other countries. We are ready to share our experience for creating high integrity carbon market.”
- Mr. Madis KALLAS, Minister of the Environment, Estonia
“At the COP26, we agreed on the Article 6 rulebook, now implementation is needed and it requires cooperation for capacity building.”
- Mr. Daniel WESTLÉN, State Secretary to Minister for Climate and the Environment, Sweden
“We need to invest to build capacity building to make high integrity carbon markets and support countries’ ambition.”
- Mr. Trigg TALLEY, Special Presidential Envoy for Climate, U.S. Department of State
“Many countries are interested in engaging Article 6 to achieve their ambitions. We are committed to work together to deliver solutions.”
- Mr. Dirk FORRISTER, CEO and President of the International Emissions Trading Association
“Over two thirds of NDC now include carbon market and carbon pricing as mitigation tools. Capacity building and infrastructure at the domestic level is key to operationalize Article 6.”
- Ms. Jennifer SARA, Global Director for Climate Change, Word Bank
“We look forward to further cooperation.”
- Mr. Alessandro MODIANO, Director General, Directorate General for European and International Activity, Ministry of Ecological Transition, Italy
Countries
- Andorra
- Argentina
- Australia
- Bangladesh
- Barbados
- Belize
- Bhutan
- Botswana
- Brazil
- Brunei
- Burundi
- Cambodia
- Canada
- Chile
- Commonwealth of The Bahamas
- Costa Rica
- Côte d’Ivoire
- Dominican Republic
- Estonia
- Ethiopia
- Fiji
- Finland
- France
- Georgia
- Germany
- Ghana
- Greece
- India
- Italy
- Jamaica
- Japan
- Jordan
- Kenya
- Lao PDR
- Maldives
- Mexico
- Moldova
- Mongolia
- Morocco
- Namibia
- Nepal
- New Zealand
- Nigeria
- Pakistan
- Palau
- Papua New Guinea
- Peru
- Philippines
- Republic of Armenia
- Republic of Azerbaijan
- Republic of Rwanda
- Saudi Arabia
- Senegal
- Singapore
- Sri Lanka
- Sudan
- Sweden
- Switzerland
- Thailand
- Timor-Leste
- Togo
- Tunisia
- Uganda
- Ukraine
- United Arab Emirates
- United Kingdom
- United States of America
- Uzbekistan
- Zambia
- Zimbabwe
Organizations
UN Agency
- UNFCCC
- UNDP
- UNEP
- UNIDO
- UNU-IAS (United Nations University Institute for the Advanced Study of Sustainability)
- ICAT (Initiative for Climate Action Transparency)
Multilateral Development Banks
- World Bank
- European Bank for Reconstruction and Development
- African Development Bank
- Asian Development Bank
Regional
- Eastern African Alliance for Carbon market & Climate Finance
- West African Alliance on Carbon Markets and Climate Finance
International organization/Research/NGOs
- Climate Change and Development Academy of Mongolia
- Climate Focus
- Conservation International
- Democratic Republic of Congo/Yuula Academie
- European Roundtable on Climate Change and Sustainable Transition
- Fair Carbon
- Forest Trends Association
- Global Green Growth Institute
- Gold Standard
- Institute for Global Environmental Strategies
- International Emissions Trading Association
- International Energy Agency
- NDC Partnership
- Overseas Environmental Cooperation Center
- Perspectives Climate Research
- Tsinghua University, China
- Voluntary Carbon Markets Integrity Initiative
- World Resources Institute
Countries, international organizations, research institutes, private sector and any other stakeholders who are willing to contribute to the areas of work are welcome to become a Partner of the Article 6 Implementation Partnership.
