Carbon market standards: Engaging countries through capacity building

Date: 9 December 2023

Time: 14.00-15.00 GST

Location: EU Pavilion, Blue Zone, Expo City, Dubai, UAE

Description: 

Trading emissions through international carbon markets has the potential to facilitate more ambitious climate action through cost-savings and effective channelling of financial resources. However, countries are lacking the technical capacities to easily assess how to use cooperation under Article 6 of the Paris Agreement.  

This event launches a new partnership between Peru, Sri Lanka and Tanzania and the Integrated Assessment for Article 6 (IAA6) project to co-develop and apply modules from a carbon market toolbox and build capacities. It will highlight the importance of Paris-aligned carbon markets and uses the IAA6 work with Peru, Sri Lanka and Tanzania, as examples for tailoring capacity building in that area while further encouraging knowledge exchange and communication, catalysing broader regional adoption of the tools and strategies. 

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