Carbon Markets
Article 6 of the Paris Agreement
International carbon markets, ITMOs, and cooperative climate action
About this course
Why this course exists
A comprehensive course on Article 6 of the Paris Agreement -- the international framework for carbon trading, covering the bilateral ITMO mechanism (6.2), the UN-supervised carbon market (6.4), non-market cooperation (6.8), corresponding adjustments, NDC accounting, and the Glasgow Rulebook.
What you will learn
After this course you will be able to
- Distinguish Article 6.2 cooperative approaches from the Article 6.4 mechanism
- Explain how ITMOs are authorized, transferred, and corresponding-adjusted
- Read a Glasgow Rulebook decision and trace its operational consequences
- Evaluate whether a real bilateral cooperation deal meets environmental integrity tests
Course content
5 modules · 13 lessons
Walk through the modules in order or jump to a specific lesson. Each lesson is a real chapter you can open and start reading immediately.
Module 1·3 lessons
Foundations of Article 6
Why Article 6 exists and what it tries to solve
- 0.15 min read
The Paris Agreement and Carbon Markets
Paris Agreement, Article 6; UNFCCC Background Documentation
- 0.25 min read
The Three Tracks: 6.2, 6.4, and 6.8
Paris Agreement Article 6.2, 6.4, 6.8; CATF Overview 2024
- 0.35 min read
Nationally Determined Contributions and NDC Accounting
Paris Agreement Article 4; Article 6.2 Reference Manual
Module 2·3 lessons
Article 6.2 -- Bilateral Cooperation
ITMOs, corresponding adjustments, and bilateral deals
- 1.14 min read
Internationally Transferred Mitigation Outcomes (ITMOs)
Paris Agreement Article 6.2; Article 6.2 Reference Manual; Glasgow Decision 2/CMA.3
- 1.24 min read
Corresponding Adjustments and Double-Counting Prevention
Article 6.2 Reference Manual; Decision 2/CMA.3 Annex
- 1.34 min read
The Glasgow Rulebook for Article 6.2
Decision 2/CMA.3 (Glasgow); Decision 6/CMA.4 (Sharm el-Sheikh)
Module 3·3 lessons
Article 6.4 -- The UN Carbon Market
The Paris Agreement Crediting Mechanism and A6.4ERs
- 2.14 min read
The Article 6.4 Mechanism -- Structure and Governance
Paris Agreement Article 6.4; Decision 3/CMA.3; Supervisory Body documentation
- 2.24 min read
A6.4ERs -- Credit Types, Methodologies, and Standards
Decision 3/CMA.3; Article 6.4 Supervisory Body Standards 2024; COP29 outcomes
- 2.33 min read
Share of Proceeds, OMGE, and the Adaptation Fund
Paris Agreement Article 6.4(6); Decision 3/CMA.3
Module 4·1 lessons
Article 6.8 and Non-Market Approaches
Cooperation without credit transfers
Module 5·3 lessons
Market Integrity and Practical Application
Quality standards, COP29 outcomes, and using Article 6 credits
- 4.14 min read
Environmental Integrity and Credit Quality
Article 6.2 Reference Manual; Article 6.4 Supervisory Body Standards
- 4.24 min read
COP29 Outcomes and the Road Ahead
COP29 Decisions (Baku, November 2024); CATF and Carbon Market Watch analysis
- 4.35 min read
Article 6 vs Voluntary Carbon Markets
CATF Overview; FSR EUI Analysis; CEEZER Insights 2024