{"id":4461694,"date":"2023-09-01T15:57:58","date_gmt":"2023-09-01T19:57:58","guid":{"rendered":"https:\/\/www.forest-trends.org\/?post_type=rd_series&#038;p=4461694"},"modified":"2023-09-08T15:59:40","modified_gmt":"2023-09-08T19:59:40","slug":"resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market","status":"publish","type":"rd_series","link":"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/","title":{"rendered":"Resilience Dispatch #32: Putting Together the Pieces of a Global Carbon Market"},"content":{"rendered":"<table id=\"bodyTable\" style=\"border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; height: 100%; margin: 0; padding: 0; width: 100%; background-color: #fafafa;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td id=\"bodyCell\" style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; height: 100%; margin: 0; padding: 0; width: 100%; border-top: 0;\" align=\"center\" valign=\"top\">\n<table class=\"templateContainer\" style=\"border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; max-width: 600px !important;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td class=\"headerContainer\" style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" valign=\"top\">\n<table class=\"mcnCaptionBlock\" style=\"border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnCaptionBlockOuter\">\n<tr>\n<td class=\"mcnCaptionBlockInner\" style=\"padding: 9px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" valign=\"top\">\n<table class=\"mcnCaptionBottomContent\" style=\"border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnCaptionBottomImageContent\" style=\"padding: 0 9px 9px 9px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" align=\"center\" valign=\"top\"><img decoding=\"async\" class=\"mcnImage\" style=\"max-width: 800px; border: 0; height: auto; outline: none; text-decoration: none; -ms-interpolation-mode: bicubic; vertical-align: bottom;\" src=\"https:\/\/mcusercontent.com\/cff95aefc075dc49e7553805f\/images\/6782239a-252e-47c7-8bb5-57705ffd1f19.png\" alt=\"\" width=\"564\" \/><\/td>\n<\/tr>\n<tr>\n<td class=\"mcnTextContent\" style=\"padding: 0px 9px; font-family: Lora, Georgia, 'Times New Roman', serif; text-align: right; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; word-break: break-word; color: #00303d; font-size: 18px; line-height: 150%;\" valign=\"top\" width=\"564\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"templateContainer\" style=\"border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; max-width: 600px !important; margin: 0 auto;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td class=\"bodyContainer\" style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" valign=\"top\">\n<table class=\"mcnBoxedTextBlock\" style=\"min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnBoxedTextBlockOuter\">\n<tr>\n<td class=\"mcnBoxedTextBlockInner\" style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" valign=\"top\">\n<table class=\"mcnBoxedTextContentContainer\" style=\"min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; padding: 9px 18px 9px 18px;\">\n<table class=\"mcnTextContentContainer\" style=\"min-width: 100% !important; background-color: #00303d; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" style=\"padding: 18px; color: #f2f2f2; font-family: Helvetica; font-size: 14px; font-weight: normal; line-height: 100%; text-align: left; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; word-break: break-word;\" valign=\"top\"><span style=\"font-family: helvetica neue,helvetica,arial,verdana,sans-serif;\"><strong>In this edition: Putting Together the Pieces of a Global Carbon Market<\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"mcnTextBlock\" style=\"min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnTextBlockOuter\">\n<tr>\n<td class=\"mcnTextBlockInner\" style=\"padding-top: 9px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" valign=\"top\">\n<table class=\"mcnTextContentContainer\" style=\"max-width: 100%; min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" style=\"padding: 0px 18px 9px; font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; word-break: break-word; color: #202020; line-height: 150%; text-align: left;\" valign=\"top\">\n<div><span style=\"font-size: 14px;\"><span style=\"font-family: helvetica neue,helvetica,arial,verdana,sans-serif;\"><strong>Missed our last Dispatch?<\/strong>\u00a0<a style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" href=\"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-31-systems-change-and-sneak-attacks\/\" target=\"_blank\" rel=\"noopener\">Systems Change and Sneak Attacks<\/a><br \/>\n<strong>Next month&#8217;s Dispatch: <\/strong>Climate Weeks: Africa and New York City<\/span><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"mcnBoxedTextBlock\" style=\"min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnBoxedTextBlockOuter\">\n<tr>\n<td class=\"mcnBoxedTextBlockInner\" style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" valign=\"top\">\n<table class=\"mcnBoxedTextContentContainer\" style=\"min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; padding: 9px 18px 9px 18px;\">\n<table class=\"mcnTextContentContainer\" style=\"min-width: 100% !important; border: 3px solid #006666; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" style=\"padding: 18px; color: #222222; font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 14px; font-weight: normal; text-align: left; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; word-break: break-word; line-height: 150%;\" valign=\"top\">\n<h4 class=\"null\" style=\"display: block; margin: 0; padding: 0; color: #006666; font-family: 'Lora', Georgia, 'Times New Roman', serif; font-size: 16px; font-style: normal; font-weight: bold; line-height: 125%; letter-spacing: normal; text-align: left;\"><span style=\"font-family: lato,helvetica neue,helvetica,arial,sans-serif;\">In this edition<\/span><\/h4>\n<ul>\n<li style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\"><em><a style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" href=\"#Introduction\" target=\"_blank\" rel=\"noopener\">Introduction:\u00a0<\/a><a style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" href=\"#Introduction\">Putting together the pieces of a global marketplace for carbon: A c<\/a><a style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" href=\"#Introduction\" target=\"_blank\" rel=\"noopener\">rash course on Article 6<\/a><a style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" href=\"#Introduction\">\u00a0of the Paris Agreement<span style=\"font-family: helvetica neue,helvetica,arial,verdana,sans-serif;\">\u00a0<\/span><\/a><\/em><\/li>\n<li style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\"><em><a style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" href=\"#defs\" target=\"_blank\" rel=\"noopener\">Helpful Definitions<\/a><\/em><\/li>\n<li style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\"><em><a style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" href=\"#vcm\" target=\"_blank\" rel=\"noopener\">Linking<\/a><a style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" href=\"#vcm\"><span style=\"font-family: helvetica neue, helvetica, arial, verdana, sans-serif;\">\u00a0voluntary and regulated carbon markets<\/span><\/a><\/em><\/li>\n<li style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\"><em><a style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" href=\"#em webinar\" target=\"_blank\" rel=\"noopener\"><span style=\"font-family: helvetica neue, helvetica, arial, verdana, sans-serif;\">Ecosystem Marketplace webinar recording:\u00a0<\/span>Article 6 of the Paris Agreement and the Voluntary Carbon Markets<\/a><\/em><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"mcnTextBlock\" style=\"min-width: 100%; border-collapse: collapse; text-size-adjust: 100%; height: 1106px;\" border=\"0\" width=\"607\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnTextBlockOuter\">\n<tr>\n<td class=\"mcnTextBlockInner\" style=\"padding-top: 9px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" valign=\"top\">\n<table class=\"mcnTextContentContainer\" style=\"max-width: 100%; min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" style=\"padding: 0px 18px 9px; font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; word-break: break-word; color: #202020; line-height: 150%; text-align: left;\" valign=\"top\">\n<h2 class=\"null\" style=\"display: block; margin: 0; padding: 0; color: #00303d; font-family: 'Lato', 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 18px; font-style: normal; font-weight: bold; line-height: 125%; letter-spacing: normal; text-align: left;\"><span style=\"font-family: lora,georgia,times new roman,serif;\">Putting together the pieces of a global marketplace for carbon: A crash course on Article 6 of the Paris Agreement\u00a0<a id=\"Introduction\" style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" name=\"Introduction\"><\/a><\/span><\/h2>\n<p style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\"><span style=\"font-family: lora,georgia,times new roman,serif;\">The carbon markets landscape is getting more complicated. In addition to the voluntary carbon markets (VCM), more and more countries are also developing jurisdictional approaches and national frameworks that can both connect with the VCM and also\u00a0fit into\u00a0global constructs, most notably,\u00a0Article 6 of the Paris Agreement.\u00a0<\/span><\/p>\n<p lang=\"EN-US\" style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\" xml:lang=\"EN-US\"><span style=\"font-family: lora,georgia,times new roman,serif;\">Article 6\u00a0of the Paris Agreement outlines a way for countries to voluntarily cooperate to meet greenhouse gas (GHG) emission reduction targets under their national climate strategies. As put by the <a style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" href=\"https:\/\/www.worldbank.org\/en\/news\/feature\/2022\/05\/17\/what-you-need-to-know-about-article-6-of-the-paris-agreement\" target=\"_blank\" rel=\"noreferrer noopener\">World Bank<\/a>, \u201cThis means that, under Article 6, a country (or countries) will be able to transfer carbon credits earned from the reduction of GHG emissions to help one or more countries meet climate targets.\u201d These are regulated, national level markets working together to ensure the world achieves Paris Agreement emissions reductions goals. \u00a0<\/span><\/p>\n<p lang=\"EN-US\" style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\" xml:lang=\"EN-US\"><span style=\"font-family: lora,georgia,times new roman,serif;\">Voluntary carbon markets (VCM), which have been active for about\u00a0three decades,\u00a0generate carbon credits from private sector emissions offset projects. The VCM has exploded in value, quadrupling from $520 million in 2020 to $2 billion in transactions in 2021, <a style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" href=\"https:\/\/www.ecosystemmarketplace.com\/articles\/todays-vcm-explained-in-three-figures\/\" target=\"_blank\" rel=\"noopener\">according to Ecosystem Marketplace research<\/a>. It plays\u00a0an important role in how Article 6 is implemented: all that experience, innovation, and growth, harnessed transparently and with integrity, has potential to substantially enhance country efforts to meet national and international goals using Article 6 of the Paris Agreement.\u00a0<\/span><\/p>\n<p style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\"><span style=\"font-family: lora,georgia,times new roman,serif;\">Part of what Forest Trends is trying to do is help build\u00a0the linkages and architecture between voluntary and regulated markets. That includes an ongoing partnership with the US Department of State to support lower income country\u00a0governments in considering how international carbon markets could enhance their national climate strategies.\u00a0\u00a0<\/span><\/p>\n<p style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\"><span style=\"font-family: lora,georgia,times new roman,serif;\">In other words, building the system from the ground up. Since it was\u00a0passed, responding to Article 6 has been a little like the chicken or the egg: Do we try to create global guidance first for countries to reference? Or should each country create their own according to their climate strategies?\u00a0\u00a0<\/span><\/p>\n<p style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\"><span style=\"font-family: lora,georgia,times new roman,serif;\">There is a consensus emerging around the latter approach, including during a webinar hosted by Ecosystem Marketplace on August 16th (<a style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" href=\"https:\/\/www.ecosystemmarketplace.com\/articles\/em-insights-webinar-recording-article-6-of-the-paris-agreement-and-the-voluntary-carbon-markets\/\" target=\"_blank\" rel=\"noopener\">link here<\/a> or below for\u00a0the full recording). One main takeaway was that in building their national strategies, countries should not wait on outside guidance, partly because enough already exists in the Article 6 rulebook and expertise among market actors is enough to get started.\u00a0\u00a0<\/span><\/p>\n<p style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\"><span style=\"font-family: lora,georgia,times new roman,serif;\">To make sure the VCM and regulated markets are complementary, countries need to work in very close partnership with their private sectors, local communities, and other experts to build capacity for a carbon market that works for their country\u2019s unique needs and strategies. Only then will capacity and coherence be\u00a0built\u00a0at the global scale.<\/span><\/p>\n<p style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\"><span style=\"font-family: lora,georgia,times new roman,serif;\">Another important part of the conversation that needs to remain a top priority is equitably sharing benefits from\u00a0carbon markets with all, especially local and indigenous communities on the front lines of protecting our landscapes. These communities are also instrumental to carbon project implementation.\u00a0\u00a0<\/span><\/p>\n<p style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\"><span style=\"font-family: lora,georgia,times new roman,serif;\">Building a national\u00a0carbon market strategy that builds on the experience to date with voluntary markets and connecting\u00a0it to a global framework is an exciting endgame, but\u00a0a daunting task.\u00a0This will require collaboration amongst unusual partners.\u00a0Convening sectors who don\u2019t usually work closely together, like governments, local communities, and the private sector, is our wheelhouse, and our work on Article 6 and the VCM is no different.<\/span><\/p>\n<p>We are participating in a set of events at Africa and New York Climate Weeks next month designed to drive action forward. We will share our calendar of events soon. Hope to see you there!<\/p>\n<p style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\"><span style=\"font-family: lora,georgia,times new roman,serif;\">Best,\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-family: lora,georgia,times new roman,serif;\">Michael<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"mcnTextBlock\" style=\"min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnTextBlockOuter\">\n<tr>\n<td class=\"mcnTextBlockInner\" style=\"padding-top: 9px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" valign=\"top\">\n<table class=\"mcnTextContentContainer\" style=\"max-width: 100%; min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" style=\"padding: 0px 18px 9px; font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; word-break: break-word; color: #202020; line-height: 150%; text-align: left;\" valign=\"top\">\n<h2 class=\"null\" style=\"display: block; margin: 0; padding: 0; color: #00303d; font-family: 'Lato', 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 18px; font-style: normal; font-weight: bold; line-height: 125%; letter-spacing: normal; text-align: left;\">HELPFUL DEFINITIONS\u00a0<a id=\"defs\" style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" name=\"defs\"><\/a><\/h2>\n<p lang=\"EN-US\" style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\" xml:lang=\"EN-US\"><strong>Nationally Determined Contributions (NDCs): <\/strong>Under the Paris Agreement, starting in 2020, all countries have agreed to reduce their emissions according to the national targets they\u2019ve set for themselves. (source: <a style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" href=\"https:\/\/www.conservation.org\/blog\/what-on-earth-is-redd\" target=\"_blank\" rel=\"noreferrer noopener\">Conservation International<\/a>)<\/p>\n<p lang=\"EN-US\" style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\" xml:lang=\"EN-US\"><strong>Article 6:<\/strong> Article 6\u00a0of the Paris Agreement allows countries to voluntarily cooperate with each other to achieve greenhouse gas (GHG) emission reduction targets set out in their NDCs. This means that, under Article 6, a country (or countries) will be able to transfer carbon credits earned from the reduction of GHG emissions to help one or more countries meet climate targets. (source: <a style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" href=\"https:\/\/www.worldbank.org\/en\/news\/feature\/2022\/05\/17\/what-you-need-to-know-about-article-6-of-the-paris-agreement\" target=\"_blank\" rel=\"noreferrer noopener\">World Bank<\/a>)<\/p>\n<p lang=\"EN-US\" style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\" xml:lang=\"EN-US\"><strong>Corresponding adjustments (CA): <\/strong>Under Article 6, emission reductions that have been authorized for transfer by the selling country\u2019s government may be sold to another country, but only one country may count the emission reduction toward its NDC. It is critical to avoid double counting so that global emission reductions are not overestimated. Article 6 established an accounting mechanism known as \u201ccorresponding adjustments\u201d to ensure that double counting does not occur. (source: <a style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" href=\"https:\/\/www.worldbank.org\/en\/news\/feature\/2022\/05\/17\/what-you-need-to-know-about-article-6-of-the-paris-agreement\" target=\"_blank\" rel=\"noreferrer noopener\">World Bank<\/a>)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"mcnImageBlock\" style=\"min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnImageBlockOuter\">\n<tr>\n<td class=\"mcnImageBlockInner\" style=\"padding: 9px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" valign=\"top\">\n<table class=\"mcnImageContentContainer\" style=\"min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnImageContent\" style=\"text-align: center; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; padding: 0 9px 0 9px;\" valign=\"top\"><img decoding=\"async\" class=\"mcnImage\" style=\"max-width: 700px; padding-bottom: 0; display: inline !important; vertical-align: bottom; border: 0; height: auto; outline: none; text-decoration: none; -ms-interpolation-mode: bicubic;\" src=\"https:\/\/mcusercontent.com\/cff95aefc075dc49e7553805f\/images\/10ee870d-dc0c-47fe-1ddf-57716673bfa3.png\" alt=\"\" width=\"564\" align=\"center\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"mcnTextBlock\" style=\"min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnTextBlockOuter\">\n<tr>\n<td class=\"mcnTextBlockInner\" style=\"padding-top: 9px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" valign=\"top\">\n<table class=\"mcnTextContentContainer\" style=\"max-width: 100%; min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; word-break: break-word; color: #202020; font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; line-height: 150%; text-align: left; padding: 0 18px 9px 18px;\" valign=\"top\"><em>This graphic and the referenced text below were adapted, with permission, from\u00a0slides by Kelley Hamrick, Senior Policy Advisor, The Nature Conservancy.<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"mcnTextBlock\" style=\"min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnTextBlockOuter\">\n<tr>\n<td class=\"mcnTextBlockInner\" style=\"padding-top: 9px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" valign=\"top\">\n<table class=\"mcnTextContentContainer\" style=\"max-width: 100%; min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" style=\"padding: 0px 18px 9px; font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; word-break: break-word; color: #202020; line-height: 150%; text-align: left;\" valign=\"top\">\n<h2 class=\"null\" style=\"display: block; margin: 0; padding: 0; color: #00303d; font-family: 'Lato', 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 18px; font-style: normal; font-weight: bold; line-height: 125%; letter-spacing: normal; text-align: left;\">LINKING VOLUNTARY AND REGULATED CARBON MARKETS\u00a0\u00a0<a id=\"vcm\" style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" name=\"vcm\"><\/a><\/h2>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"mcnTextBlock\" style=\"min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnTextBlockOuter\">\n<tr>\n<td class=\"mcnTextBlockInner\" style=\"padding-top: 9px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" valign=\"top\">\n<table class=\"mcnTextContentContainer\" style=\"max-width: 100%; min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" style=\"padding: 0px 18px 9px; font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; word-break: break-word; color: #202020; line-height: 150%; text-align: left;\" valign=\"top\">\n<p lang=\"EN-US\" style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\" xml:lang=\"EN-US\">However countries structure their national carbon markets, they must have a way to plug in to the global framework to ensure their emissions are measured and counted against country-specific climate goals within their Nationally Determined Contributions (NDCs). Voluntary carbon markets (VCM) offer another way to sell carbon credits generated in one country to buyers looking to offset their emissions, either domestically or in another country.<\/p>\n<p style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\">There is debate about whether the VCM must operate in the same framework as\u00a0Article 6 of the Paris Agreement; at the heart of this discussion is whether these credits must use the same accounting methods. Article 6 established the concept of \u201ccorresponding adjustments\u201d to account for and ensure that credits traded globally are only counted once.<\/p>\n<p style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\">As outlined by Kelley Hamrick, Senior Policy Advisor for The Nature Conservancy during\u00a0Ecosystem Marketplace&#8217;s recent webinar, each country has the right to decide how Article 6 will apply to the voluntary carbon projects in their country, and many do not yet have a position on corresponding adjustments (CA). New legislation from Ecuador, Tanzania, the Bahamas, and Papua New Guinea is diverse. Some, like Indonesia, have placed a temporary hold on VCM exports from 2021-2022, with India following a similar approach. Just last week, Kenya granted host communities 40% of the profit generated by land-based carbon projects.\u00a0For now, none of the major carbon offset standards require a CA, though the Gold Standard has indicated plans to do so in the future.<\/p>\n<p style=\"font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; margin: 10px 0; padding: 0; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #202020; line-height: 150%; text-align: left;\">While building this architecture seems complex, it is most\u00a0important for governments and their private sectors and local communities to build a carbon market that works for their country and their citizens, and\u00a0inspires greater ambition to lower emissions globally.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"mcnTextBlock\" style=\"min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnTextBlockOuter\">\n<tr>\n<td class=\"mcnTextBlockInner\" style=\"padding-top: 9px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" valign=\"top\">\n<table class=\"mcnTextContentContainer\" style=\"max-width: 100%; min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" style=\"padding: 0px 18px 9px; font-family: 'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif; font-size: 13px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; word-break: break-word; color: #202020; line-height: 150%; text-align: left;\" valign=\"top\">\n<h2 class=\"null\" style=\"display: block; margin: 0; padding: 0; color: #00303d; font-family: 'Lato', 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 18px; font-style: normal; font-weight: bold; line-height: 125%; letter-spacing: normal; text-align: left;\">ECOSYSTEM MARKETPLACE INSIGHTS WEBINAR RECORDING + Q&amp;A: ARTICLE 6 OF THE PARIS AGREEMENT AND THE VOLUNTARY CARBON MARKETS\u00a0<a id=\"em webinar\" style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; color: #006666; font-weight: normal; text-decoration: underline;\" name=\"em webinar\"><\/a><\/h2>\n<p>Access to English and Spanish webinar recordings, slides, and answers to audience Q&amp;A are below. Take a deep dive on how governments are engaging with carbon markets in the context of Article 6 of the Paris Agreement. Speakers included:<\/p>\n<ul>\n<li style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" aria-setsize=\"-1\" data-aria-level=\"1\" data-aria-posinset=\"1\" data-font=\"Symbol\" data-leveltext=\"\uf0b7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-listid=\"1\">Kelley Hamrick, Senior Policy Advisor, The Nature Conservancy<\/li>\n<li style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" aria-setsize=\"-1\" data-aria-level=\"1\" data-aria-posinset=\"2\" data-font=\"Symbol\" data-leveltext=\"\uf0b7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-listid=\"1\">Lydia Sheldrake, Director of Policy &amp; Partnerships, VCMI<\/li>\n<li style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" aria-setsize=\"-1\" data-aria-level=\"1\" data-aria-posinset=\"3\" data-font=\"Symbol\" data-leveltext=\"\uf0b7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-listid=\"1\">Kavya Bajaj, Government Relations Manager, Gold Standard<\/li>\n<li style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" aria-setsize=\"-1\" data-aria-level=\"1\" data-aria-posinset=\"3\" data-font=\"Symbol\" data-leveltext=\"\uf0b7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-listid=\"1\">Stephen Donofrio, Managing Director, Ecosystem Marketplace (moderator)<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"mcnButtonBlock\" style=\"min-width: 100%; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnButtonBlockOuter\">\n<tr>\n<td class=\"mcnButtonBlockInner\" style=\"mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; padding: 0 18px 18px 18px;\" align=\"center\" valign=\"top\">\n<table class=\"mcnButtonContentContainer\" style=\"border-collapse: separate !important; border-radius: 4px; background-color: #006666; mso-table-lspace: 0pt; mso-table-rspace: 0pt; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"mcnButtonContent\" style=\"font-family: Arial; font-size: 16px; padding: 18px; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;\" align=\"center\" valign=\"middle\"><a class=\"mcnButton \" style=\"border: none; font-weight: bold; letter-spacing: normal; line-height: 100%; text-align: center; text-decoration: none; color: #ffffff; mso-line-height-rule: exactly; -ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%; display: block;\" title=\"Access Recordings Here\" href=\"https:\/\/www.ecosystemmarketplace.com\/articles\/em-insights-webinar-recording-article-6-of-the-paris-agreement-and-the-voluntary-carbon-markets\/\" target=\"_blank\" rel=\"noopener\">Access Recordings Here<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>In this edition: Putting Together the Pieces of a Global Carbon Market Missed our last Dispatch?\u00a0Systems Change and Sneak Attacks Next month&#8217;s Dispatch: Climate Weeks: Africa and New York City In this edition Introduction:\u00a0Putting together the pieces of a global marketplace for carbon: A crash course on Article 6\u00a0of the Paris Agreement\u00a0 Helpful Definitions Linking\u00a0voluntary [&hellip;]<\/p>\n","protected":false},"author":131,"featured_media":4414681,"template":"","coauthors":[1999],"class_list":["post-4461694","rd_series","type-rd_series","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Resilience Dispatch #32: Putting Together the Pieces of a Global Carbon Market - Forest Trends<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Resilience Dispatch #32: Putting Together the Pieces of a Global Carbon Market - Forest Trends\" \/>\n<meta property=\"og:description\" content=\"In this edition: Putting Together the Pieces of a Global Carbon Market Missed our last Dispatch?\u00a0Systems Change and Sneak Attacks Next month&#8217;s Dispatch: Climate Weeks: Africa and New York City In this edition Introduction:\u00a0Putting together the pieces of a global marketplace for carbon: A crash course on Article 6\u00a0of the Paris Agreement\u00a0 Helpful Definitions Linking\u00a0voluntary [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-08T19:59:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.forest-trends.org\/wp-content\/uploads\/2022\/09\/Copy-of-All-Things-Carbon-header-resized-4-e1664393453652.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1148\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"6 minutes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data2\" content=\"Verena Manolis\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/\",\"url\":\"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/\",\"name\":\"Resilience Dispatch #32: Putting Together the Pieces of a Global Carbon Market - Forest Trends\",\"isPartOf\":{\"@id\":\"https:\/\/www.forest-trends.org\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.forest-trends.org\/wp-content\/uploads\/2022\/09\/Copy-of-All-Things-Carbon-header-resized-4-e1664393453652.png\",\"datePublished\":\"2023-09-01T19:57:58+00:00\",\"dateModified\":\"2023-09-08T19:59:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/#primaryimage\",\"url\":\"https:\/\/www.forest-trends.org\/wp-content\/uploads\/2022\/09\/Copy-of-All-Things-Carbon-header-resized-4-e1664393453652.png\",\"contentUrl\":\"https:\/\/www.forest-trends.org\/wp-content\/uploads\/2022\/09\/Copy-of-All-Things-Carbon-header-resized-4-e1664393453652.png\",\"width\":1148,\"height\":500},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.forest-trends.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"RD Series Entries\",\"item\":\"https:\/\/www.forest-trends.org\/rd_series\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Resilience Dispatch #32: Putting Together the Pieces of a Global Carbon Market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.forest-trends.org\/#website\",\"url\":\"https:\/\/www.forest-trends.org\/\",\"name\":\"Forest Trends\",\"description\":\"Pioneering Finance for Conservation\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.forest-trends.org\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Resilience Dispatch #32: Putting Together the Pieces of a Global Carbon Market - Forest Trends","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/","og_locale":"en_US","og_type":"article","og_title":"Resilience Dispatch #32: Putting Together the Pieces of a Global Carbon Market - Forest Trends","og_description":"In this edition: Putting Together the Pieces of a Global Carbon Market Missed our last Dispatch?\u00a0Systems Change and Sneak Attacks Next month&#8217;s Dispatch: Climate Weeks: Africa and New York City In this edition Introduction:\u00a0Putting together the pieces of a global marketplace for carbon: A crash course on Article 6\u00a0of the Paris Agreement\u00a0 Helpful Definitions Linking\u00a0voluntary [&hellip;]","og_url":"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/","article_modified_time":"2023-09-08T19:59:40+00:00","og_image":[{"width":1148,"height":500,"url":"https:\/\/www.forest-trends.org\/wp-content\/uploads\/2022\/09\/Copy-of-All-Things-Carbon-header-resized-4-e1664393453652.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"6 minutes","Written by":"Verena Manolis"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/","url":"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/","name":"Resilience Dispatch #32: Putting Together the Pieces of a Global Carbon Market - Forest Trends","isPartOf":{"@id":"https:\/\/www.forest-trends.org\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/#primaryimage"},"image":{"@id":"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/#primaryimage"},"thumbnailUrl":"https:\/\/www.forest-trends.org\/wp-content\/uploads\/2022\/09\/Copy-of-All-Things-Carbon-header-resized-4-e1664393453652.png","datePublished":"2023-09-01T19:57:58+00:00","dateModified":"2023-09-08T19:59:40+00:00","breadcrumb":{"@id":"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/#primaryimage","url":"https:\/\/www.forest-trends.org\/wp-content\/uploads\/2022\/09\/Copy-of-All-Things-Carbon-header-resized-4-e1664393453652.png","contentUrl":"https:\/\/www.forest-trends.org\/wp-content\/uploads\/2022\/09\/Copy-of-All-Things-Carbon-header-resized-4-e1664393453652.png","width":1148,"height":500},{"@type":"BreadcrumbList","@id":"https:\/\/www.forest-trends.org\/rd_series\/resilience-dispatch-32-putting-together-the-pieces-of-a-global-carbon-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.forest-trends.org\/"},{"@type":"ListItem","position":2,"name":"RD Series Entries","item":"https:\/\/www.forest-trends.org\/rd_series\/"},{"@type":"ListItem","position":3,"name":"Resilience Dispatch #32: Putting Together the Pieces of a Global Carbon Market"}]},{"@type":"WebSite","@id":"https:\/\/www.forest-trends.org\/#website","url":"https:\/\/www.forest-trends.org\/","name":"Forest Trends","description":"Pioneering Finance for Conservation","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.forest-trends.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.forest-trends.org\/wp-json\/wp\/v2\/rd_series\/4461694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.forest-trends.org\/wp-json\/wp\/v2\/rd_series"}],"about":[{"href":"https:\/\/www.forest-trends.org\/wp-json\/wp\/v2\/types\/rd_series"}],"author":[{"embeddable":true,"href":"https:\/\/www.forest-trends.org\/wp-json\/wp\/v2\/users\/131"}],"version-history":[{"count":17,"href":"https:\/\/www.forest-trends.org\/wp-json\/wp\/v2\/rd_series\/4461694\/revisions"}],"predecessor-version":[{"id":4461977,"href":"https:\/\/www.forest-trends.org\/wp-json\/wp\/v2\/rd_series\/4461694\/revisions\/4461977"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forest-trends.org\/wp-json\/wp\/v2\/media\/4414681"}],"wp:attachment":[{"href":"https:\/\/www.forest-trends.org\/wp-json\/wp\/v2\/media?parent=4461694"}],"wp:term":[{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.forest-trends.org\/wp-json\/wp\/v2\/coauthors?post=4461694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}