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High-level information on Article 6 cooperation and activities for Iceland.

Last updated 4 December 2025
Total Emissions 3.41 million tCO2e
Emissions per capita 8.94 tCO2e per person
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Article 6.4 | Paris Agreement crediting mechanism (PACM)

Transitioning CDM activities and newly proposed projects and programmes with prior consideration notifications in Iceland.

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Participation Requirements:

Sector / Activity type

Activities and how they address emissions across sectors in Iceland.

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Host/Buyer Hosted in Supported by
PACM Article 6.2
All activities
All registered (thereof with issuances)
New activities
Proposed Published Approved Registered (thereof with issuances)
CDM transition
Transition requested Approved Registered
All activities Registered Part of a cooperative approach With authorized mitigation With ITMOs
Energy
Buildings
Transport
Industry
AFOLU
Waste
VIEW BY Number of activities Planned Mitigation (tCO2e/year) A6.4ERs ITMOs
INDIVIDUAL ACTIVITIES
All activities by project category and expected annual mitigation.
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Activity type Active transport/mobility Afforestation and tree planting Biochar Bioenergy Building efficiency Carbon Removal and Storage Chemical processes Cleaner cooking Efficient appliances Electric vehicles Energy storage Forest management and avoided deforestation Fossil fuel/feedstock switch Freight transport Fugitive emissions Geothermal Green hydrogen & green ammonia Grid/energy supply efficiency Hydropower Improved cropland management Industrial efficiency Landfill gas Livestock management Mixed renewables Public transport Reforestation and ecosystem restoration Solar energy Source Carbon Capture Space heating and cooling Waste energy recovery Waste management Wastewater treatment Water purification and water supply Wind
GHG CO2 CH4 N2O F-gas
Reductions/Removals Reductions Removals
Year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
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National targets

Article 6 cooperation should help to achieve the goals of the Paris Agreement. To limit global temperature increase to 1.5 degrees, transfers between countries need to happen in the context of comprehensive and ambitious national commitments.

Nationally Determined Contribution (NDC) Builds on analysis by Climate Watch
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2035 (Third NDC)

Sustainable development

The impact from activities implemented under Article 6 is not limited to addressing climate change. Projects can come with significant co-benefits across other sustainability dimensions – but also significant risks to people and environment.

Intended Contribution to Sustainable Development Goals

End poverty in all its forms everywhere
No direct reference to this SDG
Goal 1 | Iceland | SDG Indicators

End hunger, achieve food security and improved nutrition and promote sustainable agriculture
No direct reference to this SDG
Goal 2 | Iceland | SDG Indicators

Ensure healthy lives and promote well-being for all at all ages
No direct reference to this SDG
Goal 3 | Iceland | SDG Indicators

Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
No direct reference to this SDG
Goal 4 | Iceland | SDG Indicators

Achieve gender equality and empower all women and girls
No direct reference to this SDG
Goal 5 | Iceland | SDG Indicators

Ensure availability and sustainable management of water and sanitation for all
No direct reference to this SDG
Goal 6 | Iceland | SDG Indicators

Ensure access to affordable, reliable, sustainable and modern energy for all
No direct reference to this SDG
Goal 7 | Iceland | SDG Indicators

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
No direct reference to this SDG
Goal 8 | Iceland | SDG Indicators

Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
No direct reference to this SDG
Goal 9 | Iceland | SDG Indicators

Reduce inequality within and among countries
No direct reference to this SDG
Goal 10 | Iceland | SDG Indicators

Make cities and human settlements inclusive, safe, resilient and sustainable
No direct reference to this SDG
Goal 11 | Iceland | SDG Indicators

Ensure sustainable consumption and production patterns
No direct reference to this SDG
Goal 12 | Iceland | SDG Indicators

Take urgent action to combat climate change and its impacts
No direct reference to this SDG
Goal 13 | Iceland | SDG Indicators

Conserve and sustainably use the oceans, seas and marine resources for sustainable development
No direct reference to this SDG
Goal 14 | Iceland | SDG Indicators

Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss
No direct reference to this SDG
Goal 15 | Iceland | SDG Indicators

Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
No direct reference to this SDG
Goal 16 | Iceland | SDG Indicators

Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development
No direct reference to this SDG
Goal 17 | Iceland | SDG Indicators
Sustainable development tool

The Article 6.4 sustainable development tool aims to ensure that PACM activities "do no harm" and contribute to achieving the Sustainable Development Goals. Project proponents are required to identify potential impacts - both positive and negative - and show how social and environmental risks are addressed.

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Sector Energy Buildings Transport Industry AFOLU Waste
Subsector Fugitive emissions Electricity and heat Other fuel use
Subsector Manufacturing and construction Industrial processes and product use
Subsector Agriculture Land use change and forestry
Activity type Active transport/mobility Afforestation and tree planting Biochar Bioenergy Building efficiency Carbon Removal and Storage Chemical processes Cleaner cooking Efficient appliances Electric vehicles Energy storage Forest management and avoided deforestation Fossil fuel/feedstock switch Freight transport Fugitive emissions Geothermal Green hydrogen & green ammonia Grid/energy supply efficiency Hydropower Improved cropland management Industrial efficiency Landfill gas Livestock management Mixed renewables Public transport Reforestation and ecosystem restoration Solar energy Source Carbon Capture Space heating and cooling Waste energy recovery Waste management Wastewater treatment Water purification and water supply Wind
Sustainable development impacts

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Negative Impacts
Positive Impacts
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IDENTIFIED RISKS
Sustainable development in cooperative approaches

as outlined in submitted Initial Reports.

Capacity building

Projects and initiatives to build Article 6 capacities that involve Iceland.

Projects & Initiatives
From 2018 — ongoing
Nordic Initiative for Cooperative Approaches (NICA)
Funded by:

Denmark Finland Iceland Norway Sweden

The Nordic Initiative for Cooperative Approaches (NICA) supports the implementation of international market-based collaboration under Article 6 of the Paris Agreement. It also monitors developments in the Voluntary Carbon Markets and their interaction with Paris Agreement mechanisms.

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On this page Iceland map Article 6.2 Article 6.4 (PACM) Activities National targets Sustainable development Capacity building