Considerations for Article 6 engagement

The Paris Agreement sets out the framework for global efforts to address climate change after 2020. Article 6 of the agreement provides for international cooperation through carbon markets to achieve targets jointly on a voluntary basis. The new context of the Paris Agreement - particularly the universal commitment to regularly make increasingly ambitious contributions towards the global effort - present new challenges for carbon markets, especially for host countries. This guide proposes a number of considerations which countries hosting emission reduction activities should take into account when engaging in carbon markets under the Paris Agreement. It looks especially at how carbon market engagement relates to other aspects of national climate policy making and the fulfilment of commitments under the Paris regime. The guide supports decision making for considerations to achieve overall mitigation in global emissions and the choice between engagement through Article 6.4 and Article 6.2.