Project Goal

The Paris Agreement permits countries to voluntarily employ various market-based and non-market cooperative approaches to fulfil their Nationally Determined Contributions (NDCs) for mitigation and adaptation and increase ambition. Article 6 of the Paris Agreement outlines these approaches, providing a framework for implementation that includes access to new sources of international finance and incentivizes participation of the private sector.

By leveraging these tools, countries can accelerate and scale up their climate action, foster sustainable development, and encourage global cooperation in addressing climate change challenges.