Developing an Article 6 Host Country Strategygy
Date: Oct 25, 2022
Time: 22:00 to 23:30 (KST/GMT+9)
Overview:
Many countries are currently in the process of developing strategic and legal arrangements that will guide their engagement in Article 6 carbon trading in the coming years. In an Article 6 strategy, countries who are considering hosting mitigation activities must address the basic participation and reporting requirements of the Paris Rulebook, decide on strategies to manage overselling risks, and decide on criteria for authorizing transfers, among other things
Lessons can be captured from early movers, including Jordan, Colombia and Ghana, all of which have begun work on their Article 6 strategy. Accordingly, this session will:
- Discuss emerging best practices to advance implementation of Article 6 in the context of raising ambition
- Discuss opportunities for cross-country collaboration and learning for Article 6 strategy development
- Learn about the progress in Article 6 strategy development by key GGGI Member and partner countries
Event Format:
The session will begin with an overview of the state of Article 6 strategies globally, reflecting recent findings from GGGI’s Global Article 6 Readiness Survey and other sources, as well as some information about efforts GGGI is taking to equip countries with strategies through the IKI-funded Supporting Preparedness for Article 6 Cooperation (SPAR6C) program.
Then, the session will lay out key issues that potential host countries need to address in developing an Article 6 strategy. This includes basic participation and reporting requirements, strategies to manage overselling risks, and deciding on criteria for authorizing transfers, among other things.
Representatives from three countries will present about what they have achieved so far in their Article 6 strategy and what they consider to be best practices, followed by an input from non-governmental speakers from each country, specifically reflecting on how to engage private sector in Article 6 strategy development.
Finally, the session will include a roundtable discussion on opportunities for cross-country collaboration on Article 6 strategy.
Event Agenda:
| Program |
|---|
| Welcome Remarks – Ms. Malin Ahlberg, German Federal Ministry for Economic Affairs and Climate Action (BMWK) |
| Insights into Article 6 Strategies and Needs Globally – Mr. Marshall Brown, GGGI |
| Overview of key issues related to Article 6 Strategy Development – Mr. Randall Spalding-Fecher, Carbon Limits |
| Panel Discussion 1: Host country progress on A6 strategies – Eng. Belal Shaqarin, Ministry of Environment, Jordan – Mr. Daniel Tutu Benefoh, Ghana Environmental Protection Agency – Mr. Aurelius Nkonde, Ministry of Green Economy and Environment, Zambia |
| Panel Discussion: 2. Perspectives from outside of government – how to engage the private sector – Ms. Ruba Ajjour, Royal Scientific Society of Jordan – Mr. Ishmael Edjekumhene, KITE, Ghana – Mr. Francis Yamba, CEEEZ, Zambia |
| Q&A and Closing |