Low income

In April 2021, the Alliance concluded a scooping study aimed at assessing the capacity and institutional needs of member countries in relation to Article 6 implementation readiness. In close collaboration with technical partners (Climate Focus, Perspectives and AEE), the Alliance secretariat, hosted by ENDA undertook a series of in-depth dialogues and questionnaire administration with country focal points to elicit responses on readiness capacity needs and potential next steps. Information gathered from the thirteen (13) Alliance member countries reveals that broader and enhanced support is needed in supporting countries to jump-start the implementation of Article 6.2. The result of the study showed differences in the states of Article 6 preparedness.

Established in 2021, UNDP's Carbon Payments for Development Facility is a powerful catalyst for innovative public-private partnerships that curb carbon emissions and advance the Sustainable Development Goals (SDGs). Guided by Article 6 of the Paris Agreement, this framework aligns with the global commitment to combat climate change.

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).

ICAT provides countries with tailored support and practical tools and methodologies to build the robust transparency frameworks needed for effective climate action in sync with national development priorities. ICAT provides countries with tailored support and practical tools and methodologies to build the robust transparency frameworks needed for effective climate action in sync with national development priorities.

The project component “Article 6 Capacity Building” of the global project NDC Assist II aims to strengthen the strategic capacities for the use of international market mechanisms under Article 6 of the Paris Agreement in Rwanda, South Africa and Peru. Line ministries and downstream institutions are provided with strategic and methodological advice for strengthening the national policy and institutional framework to support decision-making processes on the use of Article 6.

The project is aimed at supporting developing countries in the transition to the Enhanced Transparency Framework (ETF) and its Biennial Transparency Reports under the Paris Agreement. It also offers various other support to countries, such as the quality review of country's transparency reports, the provision of a dedicated gender toolkit (forthcoming), global meetings, webinars and knowledge products

Alliance aims to enhance the position of West African countries in international carbon markets, benefit from technology transfers, and access result-based climate finance for NDC implementation.

The ABM is an innovative mechanism for mobilizing new and additional public and private sector finance for enhanced climate change adaptation action. ABM was developed theoretically by the African Development Bank in collaboration with governments from several African countries and various stakeholders.

The Alliance is focused on bringing member states together with a common goal of delivering an understanding of carbon markets and climate financing

The Club is a group of national governments that jointly develop modalities for piloting activities under Article 6.2 of the Paris Agreement. o date, representatives from eleven countries have already confirmed participation in the Club: Bangladesh, Bhutan, Chile, Ghana, Japan, Peru, Rwanda, Senegal, Singapore, Sweden, and Switzerland. Participation in the Club is voluntary and non-exclusive.