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BMWK Activities

The Paris Agreement provides a much-needed long-term perspective for the global carbon market. Nonetheless, some of the rules for using the new mechanisms have yet to be finalised and practical experience in their application has still to be gained.

The Federal Ministry for Economic Affairs and Climate Action (BMWK) is thus working to push these developments and to ensure that progress is made in the international climate negotiations. BMWK also promotes the further development and design of the mechanisms by commissioning corresponding research and also invests in practical testing of innovative approaches in the form of pilot projects.

This covers, inter alia, work on design options for Art. 6.4 in general, on upscaled crediting under Article 6, or ensuring a robust and environmentally sound CORSIA Offsetting Mechanism for use in International Aviation. As regards Carbon Market innovations, BMWK supports the linkage of market mechanisms and climate finance, especially in Africa, which has been underrepresented in the global Carbon Market so far.

Further activities in this field comprise auctioning approaches to ensure continuation of mitigation activities, support for driving the transformation of the nitric acid sector, or piloting transformative carbon finance. Initiatives to promote carbon pricing through capacity development and information exchange round off BMWK’s portfolio of Carbon Market-related activities.

In this section, the broad portfolio of different BMWK activities is presented.

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Results: 53
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Potential for result-based payments in the forestry sector

In this project researchers examine current REDD+ financing models and discuss their relevance in the potential use of REDD+ carbon credits under the…

Role of BMWK: Research funding

Project lifecycle: 2020-2021

Implementation: Öko-Institut

Other participants: CIFOR

 

Contact: Hannes Böttcher, h.boettcher@oeko.de

LULUCF as a market mechanisms sector under Article 6

To investigate the potential inclusion of LULUCF under Article 6, the project team is analysing various regimes and policy instruments at a range of…

Role of BMWK: Research funding
 
Project lifecycle: 2019-2021

Implementation: Öko-Institut

Contact: Hannes Böttcher, h.boettcher@oeko.de

Future role for voluntary carbon markets in the Paris era

An increasing number of organisations and individuals take voluntary action to reduce their emissions and to offset those that remain. Against this…

Role of BMWK: Research funding

Lifecycle: 2019-2020

Implementation: NewClimate Institute 

Other Organisations Involved: Lambert Schneider

Contact: Harry Fearnehough 
h.fearnehough@newclimate.org 

Operationalizing non-market approaches of the Paris Agreement

Commissioned by the German Environment Agency (UBA), the objective of this research project is the development of guidance for NMAs based on…

Role of BMWK: research funding

Lifecycle: 2019 - 2021

Implementation: Perspectives Climate Research gGmbH

Contact:Axel Michaelowa 
michaelowa@perspectives.cc 

Analysis of Advantages and Disadvantages of Offset Approaches in Selected Sectors

The research project explores how offset approaches can be made future-proof and aligned with the objectives of the Paris Agreement.

Role of BMWK: Research funding

Lifecycle: 2019 - 2021

Implementation: Wuppertal Institute for Climate, Environment and Energy

Other Organisations Involved: South Pole Carbon Asset Management Ltd.

Eastern Africa Alliance on Carbon Markets and Climate Finance

Through this activity, East African countries are seeking to promote sub-regional cooperation, thereby harnessing their mutual strengths in the areas…

Role of BMWK: Co-financed by BMWK

Lifecycle: since 2019

Implementation: Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)

Other Organisations Involved: UNFCCC Regional Collaboration Center Kampala

Contact: Sven Egbers, sven.egbers@giz.de; UNFCCC Regional Collaboration Center Kampala, RCCKampala@unfccc.int

Innovate4Climate

The 'Innovate4Climate' is a networking and information exchange format related to carbon markets and raising mitigation ambition worldwide.

 

Role of BMWK: Co-financed by BMWK

Lifecycle: since 2019

Implementation: World Bank

Further Information: http://innovate4climate.com

Carbon Market Mechanisms Working Group

The CMM-WG provides a platform for dialogue, thus enabling exchange of experience and coordination of measures to support the role of programmatic and…

Role of BMWK: BMWK-financed

Lifecycle: since 2019

Implementation: Perspectives Climate Group

Further informationhttps://www.perspectives.cc/public/initiatives/carbon-market-mechanisms-working-group/

Contact: Stephan Hoch, hoch@perspectives.cc

Regional Climate Weeks

The 'Regional Climate Weeks' is a networking and information exchange format related to carbon markets and raising mitigation ambition worldwide.

 

Role of BMWK: Co-financed by BMWK

Lifecycle: since 2018

Implementation: Nairobi Framework Partnership

Further Information: www.unfccc.int

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

The research project deals with all aspects of the market mechanisms of the carbon market as well as with the general aspects of the cooperative…

Role of BMWK: BMWK-financed

Lifecycle: 2018 - 2021

Implementation: Wuppertal Institute for Climate, Environment and Energy

Further Information: www.carbon-mechanisms.de/en/

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