UNFCCC OFFICIAL SIDE EVENT
PIONEERING COOPERATIVE APPROACHES OF PERU, SWITZERLAND AND GOLD STANDARD UNDER ARTICLE 6.2 OF THE PARIS AGREEMENT
Tuesday 09 November 2021
13:15 - 14:30 GMT
Virtual event streamed on the COP26 Platform
Side Event Studio Glen Affric
Article 6 of the Paris Agreement enables new and innovative approaches to market-based cooperation. In 2020, Switzerland and Peru concluded the first bilateral agreement on Article 6.2 cooperation, while last month Gold Standard launched new procedures to manage mitigation outcomes transferred under Article 6. During this event, Switzerland, Peru, Gold Standard and partners will present the innovative nature of these developments and what they tell us about the future of market-based cooperation.
Opening remarks by H.E. Alfredo Mamani Salinas, Vice-Minister for the Environment, Peru.
Followed by presentations on enabling cooperation under Article 6 by:
- Veronika Elgart, Switzerland
- Milagros Sandoval, Peru
- Margaret Kim, Gold Standard
Panel discussion on implementing Article 6 activities with:
- Mischa Classen, KliK Foundation
- Jan Heusser, Coop
- Katrin Oswald, WWF Switzerland
- Florian Eickhold, atmosfair
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COP26 EVENTS + ACTIVITIES
WEEK 2
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14:00 – 14:50 GMT
Healthier food systems for a healthier planet
Hosted by EIT Climate KIC + EIT Food
UN Climate Change Innovation Pavilion
Margaret Kim will address the role of scope 3 emissions and supply chain initiatives as a means to deliver innovative finance structures that drive transformational change in agriculture and food supply.
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15:00 – 16:30 GMT
De-risking Carbon Markets
Hosted by World Bank
MDB Pavilion (streamed virtually)
Hugh Salway will join World Bank and private sector experts to discuss ideas and innovations to de-risk carbon market transactions under Article 6
17:00 – 18:00 GMT
Systems change to catalyse ambitious climate action
Hosted by Climate Chain Coalition
Global Innovation Hub
Owen Hewlett will speak about the potential for Digital Monitoring, Reporting and Verification (MRV) to improve assurance processes, while increasing market access and reducing transaction costs for verified climate and development impact.
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“4 per 1000” Initiative Day
Royal Concert Hall
Margaret Kim will speak about innovative finance mechanisms and other incentives for farmers for soil organic carbon sequestration in the high-level segment of the 5th ‘4per1000’ Initiative Day.
11:00 – 13:00 GMT
Article 6 of the Paris Agreement
Hosted by EnKing
Turkish Pavilion
Hugh Salway will address the opportunities and implications of Article 6, and how Gold Standard is preparing to support the next generation of impactful activities under the Paris Agreement.
13:30 – 15:00 GMT
Buyer and Seller Perspectives: Challenges and Opportunities for the Voluntary Carbon Market
Hosted by BMU
IETA Hub
Hugh Salway will address the role of the voluntary carbon market in the Paris era, and how it can raise ambition while preserving credibility
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15:00 - 17:30 GMT
Driving to Net Zero
Hosted by Golf Environment Organisation
Scotland House
Margaret Kim will talk about the potential for sport to catalyse broader action to mitigate the climate emergency and contribute to climate justice.
11:00 – 13:00 GMT
CORSIA
Hosted by EnKing
Turkish Pavilion
Hugh Salway will explain Gold Standard's latest steps to enable its credits to be used towards CORSIA.
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MEET WITH THE TEAM
Margaret Kim, Owen Hewlett, Hugh Salway, Matt Thomas, and Felicity Spors are on the ground at COP26, participating in a broad range of bilateral meetings and events.
If you would like to set up a meeting, please contact Mireille Baser, outlining the reason for meeting and your availability.
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POSITION PAPER
SDI RECOMMENDATIONS TO INFORM COP26
ON ARTICLE 6 OF THE PARIS AGREEMENT
This position paper is intended for use by the Parties to inform negotiations on Article-6 related decisions. While the references included to date in adopted and draft CMA Decisions are welcome and should be preserved, the Sustainable Development Initiative (SDI) recommends further work to develop tools and approaches to ensure sustainable development can be rigorously and consistently monitored and reported. Doing so can help to ensure that sustainable development is genuinely integrated into the design of activities and information is available for host countries and other stakeholders.
The Sustainable Development Initiative is a collaboration between Gold Standard and UNEP DTU Partnership, supported in 2021 by the governments of Germany, Norway and Sweden. It aims to promote strong provisions on sustainable development in Article 6 rules and activities.
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OPINION
CARBON MECHANISMS REVIEW: EVOLVING FOR GROWTH, by Hugh Salway, Gold Standard
Read more on how aligning with Paris can enable the voluntary carbon market to scale with integrity and impact in an article featured in the recent edition of the Carbon Mechanisms Review, which provides reports and analysis on Global Carbon Markets ahead of COP26.
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