Article 6

The report focuses on three carbon project types with significant potential for ASEAN – REDD+, blue carbon and biochar – outlining their mitigation potential and the economic opportunity available for ASEAN Member States in harnessing carbon markets to meet their emissions objectives. It finds that, under the right conditions, carbon markets could...

This report aims to capture a snapshot of the current status of implementation of the Paris Agreement Article 6, which allows for greenhouse gas emission reduction and other mitigation measures be implemented through international cooperation among countries. The report describes the implementation status and challenges of the Paris Agreement...

Countries need to update and enhance their nationally determined contributions (NDCs) every five years to achieve the long-term goal of the Paris Agreement (PA). Article 6 market mechanisms under the PA allow countries to utilize internationally transferred mitigation outcomes (ITMOs) toward their NDC targets. We are seeing a growing trend of...