Non-market approaches under Article 6.8 of the Paris Agreement are voluntary international cooperation initiatives that do not involve the transfer of mitigation outcomes.
Non-market approaches should be aligned with the below criteria, which stem from Decision 4/CMA.3. Within this scope, non-market approaches can take many forms, including capacity-building programmes, projects to develop clean energy technologies, and grants, concessional loans or other funding mechanisms to support climate-resilient development initiatives.
Each non-market approach facilitated under the framework of Article 6.8: |
Aims to:
- Promote mitigation and adaptation ambition;
- Enhance participation of public and private sector and civil society organizations in the implementation of nationally determined contributions (NDCs); and
- Enable opportunities for coordination across instruments and relevant institutional arrangements.
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Assists participating Parties in implementing their NDCs in an integrated, holistic and balanced manner through:
- Mitigation, adaptation, finance, technology development and transfer, and capacity-building; and
- Contribution to sustainable development and poverty eradication.
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- Is identified by the participating Parties on a voluntary basis;
- Involves more than one participating Party;
- Does not involve the transfer of any mitigation outcomes;
- Facilitates the implementation of NDCs of host Parties and contributes to achieving the long-term temperature goal of the Paris Agreement;
- Is conducted in a manner consistent with the eleventh preambular paragraph of the Paris Agreement; and
- Minimizes and, where possible, avoids negative environmental, economic and social impacts.
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The three initial focus areas for non-market approaches as agreed to by the GCNMA are:
(a) Adaptation, resilience and sustainability;
(b) Mitigation measures to address climate change and contribute to sustainable development; and
(c) Development of clean energy sources.
Parties provide information on how their programme, project or other initiative meets the above criteria when they record it as a non-market approach under Article 6.8 on the NMA Platform.
For any specific questions about identifying non-market approaches in line with the criteria, please consult with the secretariat via email at nma-platform@unfccc.int.