High-level information on Article 6 cooperation and activities for the Australia and New Zealand region.

Last updated 4 December 2025
Total Emissions 641 million tCO2e
Emissions per capita 20.62 tCO2e per person
Total number of:
2
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Countries with bilateral agreements

2 agreements involving 1 different countries.

Countries
Agreements
0
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Countries that transferred or received ITMOs

0 ITMOs transactions involving 0 different countries.

Countries
ITMOs
0
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Countries with approved PACM activities

0 activities involving 0 different countries.

Countries
Activities

Article 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


Impact over time

Countries in Australia and New Zealand as host / buyer

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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 Australia and New Zealand.

National Arrangements

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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.

Nationally Determined Contribution (NDC)
GHG coverage
Additional goals Net Zero Tracker
Long term strategies

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

As outlined in countries’ Participation Requirements for the Paris Agreement Crediting Mechanism.


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.


Sustainable development impacts

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

No impacts identified
Positive
Negative
Negative and positive

SDG'S LIST

Negative Impacts
Positive Impacts

IDENTIFIED RISKS

Sustainable development in cooperative approaches

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.

Projects & Initiatives
From 2024 — ongoing
Carbon Transaction Facility
Implemented in:

Dominican Republic Morocco Paraguay Senegal Côte d’Ivoire Rwanda Sri Lanka Jordan Nepal Indonesia Switzerland

Funded by:

New Zealand Norway Sweden

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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From 2021 — ongoing
Partnership for Market Implementation (successor of Partnership for Market Readiness)
Implemented in:

Bangladesh Botswana Azerbaijan Chile China Colombia Guinea Indonesia Kazakhstan Malaysia Mexico Montenegro Pakistan Belize Bhutan Brazil Cambodia Senegal Egypt Türkiye Ukraine India Republic of Moldova Mongolia Namibia Nepal Papua New Guinea Philippines South Africa United Republic of Tanzania Thailand Uzbekistan Viet Nam

Funded by:

Australia Canada Finland Germany European Union Japan Norway Switzerland United Kingdom of Great Britain and Northern Ireland Spain Sweden

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

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