The finalization of Article 6 ushers in an exciting new era of government-to-government cooperation through markets that can further scale up investment in climate action. Some countries are already taking advantage of Verra’s standards to underpin the quality of the mitigation that they incentivize through carbon market policies. “Cooperative approaches” implemented under the rules for Article 6.2 offer a unique opportunity for countries to use existing GHG crediting programs like the Verified Carbon Standard (VCS) to create high-quality carbon credits that can be counted toward countries’ Nationally Determined Contributions (NDCs) under the Paris Agreement.
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See AllIETA just announced and released their Carbon Market Report 2021. A lot of information well worth to have a look. Please find the link here https://www.ieta.org/resources/Resources/GHG_Report/2021/IE
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https://verra.org/wp-content/uploads/2021/11/Develop-a-Project-under-Verras-Plastic-Program-A-Quick-Guide.pdf
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After 2 weeks of negotiations between countries, new goals and agreement have been set. Please download the report from here https://www.ieta.org/COP26
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