While COP28 fell short of bringing the full operationalisation of Article 6 of the Paris Agreement closer, international carbon crediting piloting schemes and approaches continue to develop. Ensuring environmental integrity of the international credits remains a critical point regardless of the mechanisms used (Art. 6 or VCM). While actors agree on the end goal of high-quality credits, how to fulfil this objective is subject to debate and national circumstances. This session aims to reflect on what are the policy interventions needed to correct market shortcomings and ensure good governance in international carbon markets, shedding light on best practices and useful lessons in view of finalising the negotiations on Article 6 sooner rather than later.
Moderation: Frédéric Simon, Head of EMEA, Carbon Pulse
Panellists:
• Andrea Abrahams, Director, IETA
• Pedro Barata, Associate Vice President, Carbon Markets and Private Sector Decarbonization, Environmental Defense Fund
• Bianca Gichangi, Carbon Markets Advisor, Office of the Climate Envoy, Government of Kenya
• Sebastien Cross, Co-Founder & Chief Innovation Officer, BeZero Carbon
Conclusion: Elena Marro/Piotr Dombrowicki, Research Associate, Florence School of Transnational Governance, European University Institute
All deliberations will take place under the Chatham House rule (no views or positions may be attributed publicly to any participant).
More information and the full programme of the EUI Climate Week 2024 can be found here.