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Vanuatu

Flag of Vanuatu

Use of Article 6 Under NDC

Intention to Use Article 6 Under Current NDC

Vanuatu will explore oppor­tun­it­ies for cli­mate resi­li­ent socio-eco­nom­ic devel­op­ment with inter­na­tion­al cooper­a­tion and sup­port includ­ing car­bon mar­ket under Art­icle 6. Nation­al level mar­ket-based instru­ments, such as cap-and-trade emis­sion trad­ing schemes and off­set­ting, may be a solu­tion in Vanuatu to price car­bon emis­sions and keep the costs of mit­ig­a­tion in Vanuatu low. These will be invest­ig­ated fur­ther for applic­ab­il­ity. Vanuatu is in the pro­cess of imple­ment­ing a nation­al REDD+ programme

Vanuatu’s Revised and Enhanced 1st NDC 2021 – 2030

Intention to Use Article 6 Under NDC 3.0

Car­bon mar­kets and com­pli­ance schemes as part of Art­icle 6 of the Par­is Agree­ment and nation­al car­bon rev­en­ues as out­lined in the Vanuatu Car­bon Cooper­a­tion Frame­work as endorsed by the NAB

Vanuatu’s Nation­ally Determ­ined Con­tri­bu­tion 3.0 2025 – 2035

Article 6 Institutions

Authority to Provide Authorization

Min­istry of Cli­mate Change Adapt­a­tion, Met­eor­o­logy, Geo­haz­ards Envir­on­ment, Energy and Dis­aster Man­age­ment, through the Depart­ment of Cli­mate Change

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

In place

Guid­ance Manu­al for Inter­na­tion­ally Trans­ferred Mit­ig­a­tion Out­comes (ITMOs) Pro­jects in Vanuatu

Tracking Arrangements

In pro­gress

Nation­al Car­bon Registry for ITMO account­ings and transfers

Reporting

Ini­tial report and annu­al information

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