Armenia

“In order to pro­mote and con­trib­ute to mit­ig­a­tion out­comes over and above its domest­ic efforts, Armenia intends to par­ti­cip­ate in mar­ket and non­mar­ket mech­an­isms under Art­icle 6 of the Par­is Agree­ment, sub­ject to rel­ev­ant pro­vi­sions hav­ing been adop­ted by Parties to the Agree­ment, namely in cooper­at­ive approaches enabling the use of inter­na­tion­ally trans­ferred mit­ig­a­tion out­comes (ITMOs) under Art­icle 6.2 by oth­er Parties towards their NDCs, in pro­ject mech­an­isms under Art­icle 6.4, provid­ing addi­tion­al mit­ig­a­tion out­comes to sup­port the achieve­ment of NDC goals by oth­er coun­tries, and in non-mar­ket approaches under­Article 6.8 of the agree­ment. Armenia is already cooper­at­ing with the European Uni­on and its Mem­ber States to pro­mote meas­ures at domest­ic, region­al and inter­na­tion­al level, includ­ing with regard to mar­ket and non-mar­ket mech­an­isms for address­ing cli­mate change.”

Armenia affirms its inten­tion to par­ti­cip­ate in inter­na­tion­al cooper­a­tion mech­an­isms under Art­icle 6 of the Par­is Agree­ment. Pri­or­ity sec­tors for engage­ment include renew­able energy, indus­tri­al pro­cesses, and waste man­age­ment. The Gov­ern­ment is work­ing to estab­lish the neces­sary insti­tu­tion­al arrange­ments, includ­ing a nation­al registry and author­iz­a­tion frame­work, in line with inter­na­tion­al guid­ance on cor­res­pond­ing adjust­ments. Armenia will con­tin­ue explor­ing both mar­ket-based (Art­icle 6.2, 6.4) and non-mar­ket (Art­icle 6.8) approaches to sup­port nation­al cli­mate goals.