Monaco
Use of Article 6 Under NDC
Intention to Use Article 6 Under Current NDC
[machine translated]: Reducing the territory's greenhouse gas emissions is primarily the result of national measures. In the event that these reductions do not achieve the set targets, the Principality may resort to the market mechanisms referred to in Article 6 of the Paris Agreement.
Intention to Use Article 6 Under NDC 3.0
[machine translated] In the event that these reductions do not meet the set objectives, the Principality may resort to the market mechanisms referred to in Article 6 of the Paris Agreement, in accordance with the relevant decisions of the UNFCCC. Priority will be given to the mechanism of Article 6.2, subject to the signing of bilateral agreements with partner countries. [...] The Principality of Monaco intends to achieve its objectives through the implementation of public policies at the national level. However, Monaco does not rule out the purchase of Internationally Transferred Mitigation Outcomes (ITMOs) under the provisions of Article 6 of the Paris Agreement.
Article 6 Institutions
Article 6.4 DNA
None
Article 6.8 NMA Focal Point
Department of the Environment, Ministry of Public Works, the Environment and Urban Development
Article 6.4 DNA and Article 6.8 NMA Focal Point information is provided by the UNFCCC
Implementation Status of Article 6.2 Guidance
Authorization Arrangements
No publicly available information
Tracking Arrangements
No publicly available information
Reporting
None
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