This study reviews the state of play of the global landscape of Article 6 implementation. It represents the fourth edition of a series of studies that have previously analysed the progress made on global Article 6 implementation on a practical level since 2018 and is the first edition that has been prepared since the adoption of the Article 6 rulebook during COP26 in 2021. The study is structured in three parts, beginning with an in-depth examination of the current status of Article 6 rules and implementation, followed by a deep dive on host country frameworks. The third part presents detailed fact sheets on all relevant Article 6 implementation initiatives. All three parts form the basis for concluding analytical take-aways on the current status of global Article 6 implementation, which are presented after this summary. A key insight is that the implementation of practical carbon market activities that meet the new requirements of the Article 6 rulebook is only slowly moving beyond early-stage piloting.

Authors: Stephan Hoch, Peris Waweru, Ximena Samaniego Figueroa, Holly Thomas, Bruk Tekie, Axel Michaelowa (Perspectives Climate Group)
Sandra Greiner, Marco Della Maggiore, Lydia Omuko-Jung, Anna Kovács, María José Rodezno Ayestas, Mauriz Schuck (Climate Focus)