Western Africa

Desk assessment of countries’ level of readiness for international transfers under Art. 6 of the Paris Agreement. This project utilized Article 6 and international transfer readiness assessment protocols developed by Neyen to comprehensively analyze the level of readiness of 5 countries for this purpose. The project additionally creates insight into the capacity building needs and other areas (institutional arrangements, regulatory framework, technical support) that may be needed in the participating countries with the final objective of facilitating transactions under Article 6.2 of the Paris Agreement.

Established in 2021, UNDP's Carbon Payments for Development Facility is a powerful catalyst for innovative public-private partnerships that curb carbon emissions and advance the Sustainable Development Goals (SDGs). Guided by Article 6 of the Paris Agreement, this framework aligns with the global commitment to combat climate change.

The Carbon Transaction Facility (CTF) is GGGI’s solution to the challenges that face countries seeking to participate in cooperative approaches under Article 6, and to scaling up international carbon trading. The CTF, launched in October 2024, aims to accelerate global GHG emission reductions by catalyzing carbon trading under Article 6. The CTF structure has two main pillars: the Article 6 Readiness Facility on one side, and a number of multiple ITMO-purchasing carbon funds on the other. The Article 6 Readiness Facility is a multi-donor fund improving host country readiness through technical assistance and capacity building. The Carbon Funds, on the other hand, are a series of individual funds for initiating Article 6 carbon transactions and purchasing Article 6 carbon credits (ITMOs).

ICAT provides countries with tailored support and practical tools and methodologies to build the robust transparency frameworks needed for effective climate action in sync with national development priorities.

The Norwegian Global Emission Reduction (NOGER) Initiative directly contributes to emission cuts and green transitions in developing countries. It utilizes the Paris Agreement Article 6 framework for cooperation on climate goals. It aims to increase countries’ climate ambitions, and the cooperation can mobilize large private, green investments.

The project is aimed at supporting developing countries in the transition to the Enhanced Transparency Framework (ETF) and its Biennial Transparency Reports under the Paris Agreement. It also offers various other support to countries, such as the quality review of country's transparency reports, the provision of a dedicated gender toolkit (forthcoming), global meetings, webinars and knowledge products

Alliance aims to enhance the position of West African countries in international carbon markets, benefit from technology transfers, and access result-based climate finance for NDC implementation.

The ABM is an innovative mechanism for mobilizing new and additional public and private sector finance for enhanced climate change adaptation action. The ABM was developed by the African Development Bank in collaboration with governments from several African countries and various stakeholders.

PMI assists countries to design, pilot, and implement pricing instruments aligned with their development priorities. A 10-year program with a capitalization target of US$250 million, the Partnership brings an ambitious and long-term vision for the viability of carbon markets to its support for programs and policies -- across jurisdictions and sectors -- that introduce a strong price signal on carbon emissions and contribute to the Paris Agreement goal of limiting temperature rise to 1.5°C

The Club is a group of national governments that jointly develop modalities for piloting activities under Article 6.2 of the Paris Agreement. o date, representatives from eleven countries have already confirmed participation in the Club: Bangladesh, Bhutan, Chile, Ghana, Japan, Peru, Rwanda, Senegal, Singapore, Sweden, and Switzerland. Participation in the Club is voluntary and non-exclusive.