Australia and New Zealand
High-level information on Article 6 cooperation and activities for the Australia and New Zealand region.
Last updated 4 December 2025Article 6.2 | Cooperative approaches
Australia and New Zealand’s involvement in Article 6.2 cooperations.
Agreements
Countries in Australia and New Zealand as host / buyer
Cooperative approaches
Countries in Australia and New Zealand as host / buyer
Article 6.4 | Paris Agreement crediting mechanism (PACM)
Transitioning CDM activities and newly proposed projects and programmes with prior consideration notifications in Australia and New Zealand.
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Sector / Activity type
Activities and how they address emissions across sectors in Australia and New Zealand.
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.
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.
As outlined in countries’ Participation Requirements for the Paris Agreement Crediting Mechanism.
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.
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.
TOTAL ACROSS ALL SDG'S
SDG'S LIST
Initiatives aiming to strengthen Article 6 knowledge and capabilities that involve countries in Australia and New Zealand.
Capacity building
Projects and initiatives to build Article 6 capacities that involve countries in Australia and New Zealand.
The Carbon Transaction Facility (CTF) is GGGI’s solution to the challenges that face countries seeking to participate in cooperative approaches under Article 6, and to scaling up international carbon trading. The CTF, launched in October 2024, aims to accelerate global GHG emission reductions by catalyzing carbon trading under Article 6. The CTF structure has two main pillars: the Article 6 Readiness Facility on one side, and a number of multiple ITMO-purchasing carbon funds on the other. The Article 6 Readiness Facility is a multi-donor fund improving host country readiness through technical assistance and capacity building. The Carbon Funds, on the other hand, are a series of individual funds for initiating Article 6 carbon transactions and purchasing Article 6 carbon credits (ITMOs).
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PMI assists countries to design, pilot, and implement pricing instruments aligned with their development priorities. A 10-year program with a capitalization target of US$250 million, the Partnership brings an ambitious and long-term vision for the viability of carbon markets to its support for programs and policies -- across jurisdictions and sectors -- that introduce a strong price signal on carbon emissions and contribute to the Paris Agreement goal of limiting temperature rise to 1.5°C
Read moreAustralia and New Zealand overview
High-level overview of Article 6 cooperation and activities across Australia and New Zealand.