The Paris Climate Agreement adopted in December 2015 recognises cooperative approaches as an important element in the climate change mitigation effort.
Article 6 of the Paris Agreement includes several privisons to this end. However, before the agreement enters into force, a substantial amount of work needs to be done at the political and technical level in order to operationalise this article.
This meeting will be the fifth meeting of the project “Implementation of markets and non-market provisions in the Paris Agreement.” It will bring together carbon market negotiators in an informal setting with the objective to explore, discover, explain and understand different points of view related to the issues in Article 6. The purpose is to understand the options available to define rules, modalities and procedures on Article 6, as well as the consequences of adopting each option. It will also seek to understand why different views are held.
The discussions are free and informal, and will be held under Chatham House rule. This process is totally separate from the UNFCCC negotiating process. There is no intention or mandate to produce any text or negotiate an outcome.
Participation is by invitation only.