This guide supports host parties – national governments who are signatories to the United Nations Framework Convention on Climate Change (UNFCCC) – in developing and implementing a strategic approach to Article 6 of the Paris Agreement, including Article 6.2 transactions and accessing the Article 6.4 crediting mechanism.
The purpose of developing an Article 6 strategy is to manage risks related to NDC implementation, create transparency, bring confidence to the market through a credible policy framework and reduce uncertainty for activity participants, particularly for the private sector.
Clear guidelines from host parties on what type of Article 6 cooperation is allowed or preferred, for example, will speed up A6 cooperation, even though the strategy development process itself takes some time.