From 22 July 2024 to 26 July 2024, the Carbon Pricing in the Americas (CPA), in collaboration with the RCC Latin America and the Economic Commission for Latin America and the Caribbean (ECLAC), is organizing its first Carbon Pricing and Article 6 Workshop, and Regional Dialogue on Carbon Pricing (ReDiCap).

Background & Objectives

This first edition of the CPA Knowledge-Sharing and Hands-on Training will bring together CPA members, observers and partners, to overview the different carbon pricing instruments such as carbon taxes, with a particular focus on the implementation of an Emission Training System (ETS).

Recognizing the significance of carbon pricing as a policy tool for incentivizing greenhouse gas emissions reduction and facilitating the achievement of countries’ Nationally Determined Contributions (NDCs), the training will shed light on the pivotal role of ETS in the climate policy mixes of numerous jurisdictions. It will particularly highlight the growing interest among emerging economies and developing countries taking steps towards developing such systems and expanding global emissions coverage.

The event presents an opportunity to concurrently host the Regional Dialogue on Carbon Pricing (REdiCAP), aimed at sharing practical experiences and insights gained from the implementation of carbon pricing instruments. This initiative aligns with the broader global effort to promote carbon pricing as a crucial tool for addressing climate change. It draws upon key lessons learned from the UNFCCC Secretariat’s Collaborative Instruments for Ambitious Climate Action (CiACA) initiative, emphasizing the effectiveness of regional exchange of experiences from both national and subnational perspectives.

Furthermore, the event will aim to demystify the Article 6 of the Paris Agreement, offering insights into its opportunities, challenges, participation requirements and implications.

Targeted Participants

Regional Focal Points on Carbon Pricing and Article 6