Organised by: Climate & Company and Oxford Sustainable Finance Group

The Mediterranean region, a climate hotspot, faces growing pressures from increased warming, drought, and biodiversity loss, all threatening shared prosperity and stability. While carbon markets are expanding globally, past mechanisms have often failed to deliver real atmospheric impact, with fewer than 16% of credits achieving their promised reductions. As we enter the era of Article 6, lessons from the past must inform how international cooperation channels finance toward genuine mitigation and resilience. If implemented with high integrity, Article 6 can mobilize financial resources and provide co-benefits to the Mediterranean region and beyond. The Article 6 Observatory unites academic and civil society experts from the Mediterranean and beyond to provide evidence-based analysis and independent oversight of emerging carbon markets. The Observatory aims to foster transparency, integrity, and ambition in a system that could define whether the Paris goals are achieved — or missed.

From the Mediterranean to the Amazon, the urgency to turn finance into genuine mitigation has never been clearer. This event brings Article 6 of the Paris Agreement to the Mediterranean Pavilion by launching the Article 6 Observatory — an independent consortium of global and Mediterranean experts committed to ensuring that Article 6 carbon markets channel finance into real emission reductions, uphold environmental integrity, and enable climate cooperation across the Mediterranean and beyond.