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Implementation and Further Development of Mechanisms of the Carbon Market by the "Coordinating Committee on Market Mechanisms and Art. 6"

Photo by Carbon Mechanisms

Background and Objective

With the adoption of the Paris Agreement and the market mechanisms enshrined in Article 6, the international community faces a number of new challenges that require the development of application-oriented solutions. Against this background, the German Federal Ministry for Economic Affairs and Climate Action (BMWK) commissioned the Wuppertal Institute for the project period 2021-2024 to provide support through scientific advice and outreach in the field of international market mechanisms.

Implementation

As part of the project, the project team prepares policy papers, statements as well as reports on international climate negotiations and bodies related to Article 6. In addition, the project team conducts expert workshop series and stakeholder dialogues.

The Wuppertal Institute also supports the BMWK in disseminating information and networking with the expert public. This includes various media with a focus on cooperative climate protection and market mechanisms that provide basic information as well as information for the expert community.

Milestones

By producing research papers, reports and conducting expert workshops, the project supports the international negotiation process and drives the debate on selected topics.

Information dissemination and networking with the expert public is continuously developed further. This includes the publication of the Carbon Mechanisms Review (CMR), an expert magazine focusing on cooperative climate action and market mechanisms. The website carbon-mechanisms.de, which is edited by the project team, provides entry-level information, presents the ministry's diverse projects and activities, and provides information on current developments in the field of carbon markets. The public relations work is accompanied by flyers, brochures and posts on social networks.

Implementation and Further Development of Mechanisms of the Carbon Market by the "Coordinating Committee on Market Mechanisms and Art. 6"

Role of BMWK: BMWK-financed

Lifecycle: 2021 – 2024

Implementation: Wuppertal Institute for Climate Environment and Energy

More Information: https://www.carbon-mechanisms.de/en

Contakt: Christof Arens, carbon_mechanisms@wupperinst.org

 

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