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The Power of Integrity: Article 6 and the Future of Carbon Markets

The Power of Integrity: Article 6 and the Future of Carbon Markets

Year Published

2024

Contributing Organizations

Climate Action Center of Excellence (CACE)
Environmental Protection Agency, Ghana (EPA)

Type of Resource

Research/Insights Report

Languages

English

Relevant Topics

Core Topic
Carbon Markets & Carbon Finance
Topic 2
Taxonomies
Topic 3
Nationally Determined Contributions (NDCs)

Target Audience

Technical Assistance Providers
Project Developers
Governments & Policymakers
Education Providers / Think Tanks / NGOs
Real Economy Corporates

Relevant Geography

Global
The Power of Integrity: Article 6 and the Future of Carbon Markets

Resource Description

This resource is a white paper on the role of Article 6 of the Paris Agreement in establishing credible, transparent carbon markets. It advocates for multilateral, UN-led frameworks over fragmented voluntary

Why This Matters

As carbon markets expand, aligning efforts with Article 6 is essential to build a trustworthy system that supports climate and development goals.

Key Insights

  • Positions Article 62 and 64 as the foundation for high-integrity international carbon markets
  • Warns that private initiatives like ICVCM risk undermining global alignment and credibility
  • Highlights Article 6 safeguards, including corresponding adjustments and sustainable development requirements
  • Argues for strong governance under the UNFCCC to ensure trust and avoid double counting

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