This meeting is a briefing for the Brussels policy stakeholder community on developments on carbon markets in the UNFCCC negotiations.
Article 6 of the Paris Agreement addresses the issue of “cooperative approaches” under the new climate regime. A significant part of it creates the framework to ensure that international markets can be a tool to meet Nationally Determined Contributions (NDCs) under the Paris Agreement.
After COP 21 in Paris, negotiators have a mandate to create a rulebook to ensure that this, and other parts of the climate agreement, become operational. With the agreement entering into force sooner than many had anticipated, negotiators are aiming for completing this task in 2018 at COP 23, which will take place in Poland.
This meeting is an opportunity for stakeholders to be briefed by some of the most knowledge participants in these negotiations to understand the state of play, the main issues, and implications for the market and EU climate change policy. There will be a number of presentations, followed by a moderated roundtable discussion.