Overview

To ensure that Parties fully harness the potential of carbon pricing and market mechanisms under Article 6 of the Paris Agreement, which allows Parties to collaboratively mitigate greenhouse gas emissions through market and non-market mechanisms, the UN Climate Change is delivering a number of regionally focused capacity-building activities.  

While many Parties have the necessary capacity to engage in the process, a lack of understanding of the rules, Article 6 processes, and clarity on the outcomes of the ongoing negotiations at the multilateral level hinder the full and effective operationalization of Article 6. As an outcome of COP27, the UNFCCC secretariat launched the Article 6 capacity-building work programme, to build the capacity of Parties to participate in Article 6, including through its Regional Collaboration Centers (RCCs).  

As part of this, the secretariat, together with the UNFCCC Regional Collaboration Centre for Asia and the Pacific, is organizing a four-day training workshop on Carbon Pricing and Article 6, aiming to build the capacity of regional stakeholders to effectively engage with Article 6 in the East and Southeast Asia region.  

Objectives

The overarching goal of this workshop is to enable a shared understanding of the opportunities presented by the cooperative approaches under the Article 6 mechanism, particularly in the aftermath of the landmark decisions on Article 6 at COP 29 in Baku.

In particular, this workshop aims to: 

1. Foster greater regional dialogues on effective carbon pricing strategies, stakeholder engagement, and implementation pathways; 
2. Deepen the understanding of how to effectively engage with the market and non-market cooperative mechanisms under Article 6, including Articles 6.2, 6.4 and 6.8; 
3. Assist the participants in developing better strategies and plans to embed Article 6 in their nationally determined contributions (NDCs), and climate action policies;  
4. Facilitate a platform for sharing of best practices, challenges and experiences in engaging with Article 6 mechanisms; 
5. Strengthen the technical and legal knowledge of the regional stakeholders about participation and compliance requirements under Article 6.  

Target Audience

The format of this four-day capacity building workshop will be in-person training with the following target audience:  

1. UNFCCC National Focal Points, Clean Development Mechanism (CDM) and Art 6.4 Designated National Authorities (DNA) representatives;
2. Representatives from relevant line ministries of target Parties (Energy, Natural Resources, Environment, Climate Change, Forest, Finance, and other relevant ministries);
3. International Development Agencies, Multilateral Development Banks and other relevant regional partners;
4. Private sector and civil society representatives.