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.

Effective and swift implementation of Article 6 throughout the globe can be a game changer in our efforts to tackle global warming.

To harness the potential of carbon markets, we need to lower the barriers of entering the market for Parties to participate.

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.

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.

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.

At the COP26, we agreed on the Article 6 rulebook, now implementation is needed and it requires cooperation for capacity building.

We need to invest to build capacity building to make high integrity carbon markets and support countries’ ambition.

Many countries are interested in engaging Article 6 to achieve their ambitions. We are committed to work together to deliver solutions.

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.

We look forward to further cooperation.