2022•11•17 Sharm El Sheikh
UNU-IAS has joined the Paris Agreement Article 6 Implementation Partnership, which aims to support global emission reductions through implementation of markets for trading carbon credits. The partnership, initiated by Japan, was established on 16 November 2022 during the Sharm el-Sheikh Climate Change Conference (COP27).
As of 17 November 2022 the partnership includes 40 countries, five other UN organisations, and three multilateral development banks, as well as non-governmental organisations and academic institutions. It is focused on building capacity for international cooperation on emissions reduction by supporting implementation of Article 6 of the Paris Agreement on climate change — which addresses how countries cooperate through carbon markets and non-market approaches. A key outcome of COP26 in Glasgow (November 2021) was the approval of detailed rules for Article 6.
The partnership aims to strengthen capacity, particularly in developing countries, by facilitating understanding of Article 6, sharing good practices, conducting mutual learning, supporting methodologies, and designing high integrity carbon markets. It also seeks to increase readiness for accessing climate finance resources in the private sector and the public sector.
UNU-IAS will advance the goals of the partnership through education and training activities, including its postgraduate degree specialisation on the Paris Agreement. These initiatives build capacity for implementation through innovative approaches that empower youth and strengthen synergies between climate action and sustainable development.