Bangladesh

"Yes, when appropriate. Bangladesh has participated in the Clean Development Mechanism of the Kyoto Protocol and continues to believe in the important role of innovative financing mechanism for climate actions with sustainable development benefits. The cooperative approaches in market and non-market mechanisms under Article 6 of the Paris Agreement are an important instrument to raise mitigation ambition while promoting sustainable development. "

• Bangladesh mitigation targets under NDC 3.0 explicitly define two levels of commitment: unconditional and conditional. Mitigation activities listed under the conditional commitment part of the NDC 3.0 will be considered for development of carbon credit projects through Article 6 of the Paris Agreement • Mitigation Activity not listed in both conditional or unconditional commitment i.e. beyond NDC commitment (for example advanced technologies that requires technology transfers and capacity building and not listed in NDC 3.0) may be supported through Article 6.2, if any bilateral cooperative approach (e.g. JCM) includes it and the GHG emission is accounted in the relevant sector of the national GHG Inventory of Bangladesh.

• Bangladesh will ensure environmental integrity and linkage to sustainable development goals of Bangladesh to all mitigation activity supported through the Article 6 of the Paris agreement. Bangladesh will take adequate measure to avoid double counting of emission reductions through interlinkage of national registry with other international registry and robust governance and institutional arrangements for approval and authorization process, issuance of credit, corresponding adjustment and ITMO transfer, and periodic BTR reporting • Bangladesh will consider Article 6.2 and Article 6.4 (PACM) and CORSIA approved Voluntary carbon Market standards as eligible Carbon Standards, along with any other standard approved by the Article 6 DNA or the Government of Bangladesh. Methodologies approved by the eligible Carbon Standards will be deemed eligible for carbon credit project development.