Article 6 of the Paris Agreement – What is it and Why is it Important for Business?

Part 2: The Value of Article 6 and Current Implementation Efforts

Article 6 of the Paris Agreement aims at promoting integrated, holistic and balanced approaches that will assist governments in implementing their nationally determined contributions (NDCs) – countries’ national emissions reductions targets – through voluntary international cooperation. This cooperation mechanism, if properly designed, could assist countries in raising the ambition of their NDCs and could also help to provide the policy foundation needed for the private sector to further drive investments in a sustainable and net-zero emissions economy, including through carbon pricing and emissions trading.

Building on notions and insights gained in the previous webinar, this second webinar looks at Article 6 more in detail. In particular, it discusses research and modelling work on the environmental and economic potential of Article 6 and reviews ongoing piloting efforts aimed at implementing Article 6 approaches in the real world. It does so by bringing together a panel of key Article 6 practitioners and researchers from different backgrounds. Presentations and panel discussion are followed by an interactive Q&A session with the audience.