2022.11.16 WED

13:00 - 14:30

Launching Event of the Article 6 Implementation Partnership: Towards high integrity carbon markets

Organizer

Ministry of the Environment, Government of Japan

Seminar abstract

The early and robust implementation of the 'high integrity carbon market' is necessary for the advancement of global emissions reductions. Thus, the Ministry of the Environment, Japan will establish the "Paris Agreement Article 6 Implementation Partnership" as an international initiative. Through this Partnership, support for Article 6 capacity building, information sharing, and collaborations to overcome challenges will be enhanced.
In this event, the Partnership will be launched and promoted with various speakers.

【Related Event】

Title：

Sharing best practices and lessons learned from capacity building for implementation of Article 6

Date and time：

11/15th 13:15-14:45 (Egypt time）

Venue：

Akhenaten

Summary：

For the robust implementation of Article 6, it is important to strengthen support for capacity building and international coordination. To this end, this event shares experience of the capacity building activities, including institutional arrangement for authorization, registry and A6 reporting.

Speakers

• NISHIMURA Akihiro Minister of the Environment, Japan
• Simon STIELL United Nations Framework Convention on Climate Change Executive Secretary
• Grace FU Minister for Sustainability and the Environment, Singapore
• Stefan WENZEL Parliamentarian State Secretary of the German Ministry for Economic Affairs and Climate Action
• James SHAW Minister for Climate Change and Associate Minister for Environment (Biodiversity), New Zealand
• Daniel WESTLÉN State Secretary to Minister for Climate and the Environment, Sweden
• Madis KALLAS Minister of the Environment, Estonia
• Trigg TALLEY Director of the Office of Global Change, SPEC Managing Director, and Senior Advisor for Negotiations and Programming, U.S. Department of State
• Dirk FORRISTER CEO and President of the International Emissions Trading Association
• Jennifer SARA Global Director for Climate Change, World Bank
• Alessandro MODIANO Ministry of Ecological Transition, Directorate General for European and International Activity, Special Envoy for Climate Change Director General, Italy
• ONO Hiroshi（Ministry of the Environment, Japan） Vice-Minister for Global Environmental Affairs
• KOAKUTSU Kazuhisa（Ministry of the Environment, Japan） Director for International Negotiations

Session Summary

In this event, NISHIMURA Akihiro, Minister of the Environment, Japan declared the launch of the “Paris Agreement Article 6 Implementation Partnership” towards the development of high integrity carbon markets.
Then, keynote statements for the Partnership were given by high-level participants from 10 Partner countries and organizations.
Some quotes are below (more can be viewed on the Partnership website):
“Effective and swift implementation of Article 6 throughout the globe can be a game changer in our efforts to tackle global warming.” - Mr. Simon STIELL, United Nations Framework Convention on Climate Change Executive Secretary
“Over two thirds of NDC now include carbon market and carbon pricing as mitigation tools. Capacity building and infrastructure at the domestic level is key to operationalize Article 6.” - Ms. Jennifer SARA, Global Director for Climate Change, Word Bank
At the time of launch (November 16, 2022), 40 countries and 23 institutions have pledged to participate, and we aim to further expand the partnership in the future.

Message and Results

Stakeholders who are willing to contribute to this Partnership’s areas of work are welcome to join the Paris Agreement Article 6 Implementation Partnership by sending the “Join us” form on the Partnership website.
Areas of work include the following:

• ・Facilitate understanding of Article 6 rules and linkages with NDCs
• ・Share good practices for institutional arrangements incl. authorization and recording
• ・Develop an information platform for Article 6 implementation　
• ・Conduct mutual learning and trainings for Article 6 reporting and review
• ・Support baseline methodology (tool development, etc.)
• ・Designing of high integrity carbon markets

Paris Agreement Article 6 Implementation Partnership