GGGI Technical Report No. 25
Developing Carbon Markets based on Article 6 of the Paris Agreement: Challenges and Opportunities
Article 6 provides a tool for government, businesses, and civil society to collaborate with integrity to achieve the scale of transformation required for realizing the Paris Agreement Goals and keeping within 1.5 °C. Developing Carbon Markets based on Article 6 offers the opportunity for countries to cooperate for the purpose of reducing greenhouse gas emissions (GHG) in a more cost-effective manner, notes GGGI in a recent technical report. The technical report titled Developing Carbon Markets based on Article 6 of the Paris Agreement: Challenge and Opportunities presents GGGI’s and its Members’ experiences including the needs and barriers to meaningful, equitable participation in carbon markets and offers a solution through an innovative carbon transaction platform.