Americas > ANALYSIS: All roads lead to Article 6 to connect multitude of emerging carbon pricing schemes

ANALYSIS: All roads lead to Article 6 to connect multitude of emerging carbon pricing schemes

Published 17:34 on November 10, 2023  /  Last updated at 16:03 on November 20, 2023  / Roy Manuell /  Americas, Asia Pacific, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Nature-based, Paris Article 6, Voluntary

With the voluntary carbon market at a "crossroads", a plethora of countries developing new carbon pricing systems, and mature compliance mechanisms such as the EU ETS expected to require removals integration further down the line, the need to connect these different emerging and established schemes is more apparent than ever, according to observers at a high-level industry event this week, with most routes for doing so leading towards Article 6 of the UN Paris Agreement.
With the voluntary carbon market at a "crossroads", a plethora of countries developing new carbon pricing systems, and mature compliance mechanisms such as the EU ETS expected to require removals integration further down the line, the need to connect these different emerging and established schemes is more apparent than ever, according to observers at a high-level industry event this week, with most routes for doing so leading towards Article 6 of the UN Paris Agreement.


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