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African Climate Negotiators mull global carbon market opportunities

14 May, 2024
African Climate Negotiators mull global carbon market opportunities

Victoria Falls, Zimbabwe, 14 May 2024 (ECA) - The African Climate Policy Center of the Economic Commission for Africa is holding a three-day regional workshop on the implementation of Article 6 of the Agreement of the Paris Agreement in Victoria Falls, Zimbabwe.

The workshop focuses on the theme: “Regulating carbon markets: building capacity for the implementation of Article 6 of the Paris Agreement” and aims to provide a platform for negotiators and carbon experts. The workshop is taking place against the need to engage the African Group of Climate Negotiators (AGN) under Article 6 to discuss and exchange views on issues relating to the status of African participation in the global carbon market, its readiness and opportunities to develop regional markets.

Negotiations related to the carbon market within the framework of the UNFCCC, progress and scenarios for the 60th meeting of the subsidiary bodies and COP29 are also on the table.

The workshop will also allow for an exchange of experiences of member states in the implementation of Article 6, including the establishment of regulatory and institutional frameworks as well as capacity building activities, and market mechanisms in relationship to the achievement of nationally determined contributions and associated funding.

Attending the workshop are negotiators from the five subregions of the African continent and experts from member countries and regions, organizations active in the implementation of Article 6. These include Ghana, Senegal, Côte d'Ivoire, Uganda, Kenya, Rwanda, Morocco, Egypt, Mauritania, Algeria, Zimbabwe, Zambia, South Africa, Democratic Republic of Congo, Cameroon, Mozambique and Gabon.

Issued by:
Communications Section
Economic Commission for Africa
PO Box 3001
Addis Ababa
Tel: +251 11 551 5826