Perspectives for International Carbon Markets

The latest edition of the Carbon Mechanisms Review focuses on the international carbon market landscape after the Baku conference breakthrough and discusses the prospects for robust market-based climate action.

On the occasion of the tenth anniversary of the Paris Agreement and upcoming 30th anniversary of the first Conference of the Parties (COP) in Berlin, another article highlights various phases of carbon market development over the last 30 years with regard to key decisions, success factors and obstacles. In addition, Michael Savarin, Coordinator for Climate Finance and Green Industry Development of the Dominican government, talks in an interview about the potential of Article 6 to promote Dominica's national climate goals and the crucial role of international cooperation in this regard. Another article highlights the country's perspective on the findings and lessons learned from an Article 6 capacity-building mission in Pakistan. Finally, a report presents a real-world laboratory project in Zambia, in which combined measures to mitigate climate change, adapt to climate change and protect biodiversity are being analysed.

The Carbon Mechanisms Review "From Framework to Action" (1/2025) can be downloaded free of charge via the link below.