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Report on the workshop on the new market-based mechanism. Note by the co-chairs of the workshop.

Corporate Author
UNFCCC. Ad hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA)

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This report presents a summary of the in-session workshop on the new market-based mechanism, which was held in Bonn, Germany, on 19 May 2012, pursuant to the mandate set out in decision 2/CP.17, paragraph 86. At the workshop, participants from Parties and admitted observer organizations shared information and their views on three topics (models for discussion, technical elements, and challenges associated with implementation), following a presentation by the secretariat. The Ad Hoc Working Group on Long-term Cooperative Action under the Convention may wish to take note of the information contained in this report when conducting its work programme to elaborate modalities and procedures for the new market-based mechanism, with a view to recommending a decision to the Conference of the Parties at its eighteenth session

Agenda item 3(b)(v)
Various approaches, including opportunities for using markets, to enhance the cost-effectiveness of, and to promote, mitigation actions, bearing in mind different circumstances of developed and developing countries
This document is available in English only

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United Nations Office at Geneva
Place of Publication
Geneva (Switzerland)
Publication date
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Master copy

Ad Hoc Working Group on Long-Term Cooperative Action under the Convention (AWGLCA), Fifteenth session (second part), 26 November - 7 December 2012, Doha, Qatar

developed countries
developing countries
market-based mechanism
work programme