To engage the private sector in the implementation of nationally determined climate contributions (NDCs) and raise ambition, the project uses cooperative approaches under Article 6 of the Paris Climate Agreement. This promotes the development of a cost-effective carbon market. The project facilitates the development of transformative pilot projects for specific internationally transferred mitigation actions (ITMOs) through research-based capacity building in four partner countries. The project develops best practice tools and approaches for the implementation of cooperation mechanisms. The country-specific implementation in each of the countries focuses on the three work areas “long-term climate change planning”, “institutional preparation for possible transactions” and “design and implementation of Article 6 pilot projects”.
