Carbon markets have fallen short on contributing to climate mitigation, with less than 16% of credits delivering promised atmospheric impact. At the cusp of the largest international carbon market seen to date under Article 6 of the Paris Agreement, it is imperative that we learn the lessons from the past, ensuring that carbon market transactions translate to real and meaningful mitigation and are not used as a smokescreen for countries and companies to shirk their decarbonisation responsibilities or meet their international climate finance obligations. 

On this basis, our partners and us, as part of the steering comittee, are proud to launch the Article 6 Observatory: an independent consortium of leading academics and civil society experts dedicated to providing evidence-based analysis of both the structure and use of Article 6. Created early on in the era of Article 6 operationalisation, this Observatory will independently trace its  potential to shape the success or failure of the Paris Agreement.

During the webinar, the speakers guided you through lessons learnt from the first generation of carbon markets, what emergent issues for safeguarding integrity are on the horizon, and finally the introduction to the new Article 6 Observatory, followed by a panel discussion on the value, expectations and potential impact of the Observatory.

Speakers include:

• Isa Mulder, Carbon Market Watch (moderator)

• Juliette de Grandpré, NewClimate Institute

• Injy Johnstone, Oxford University

• Erika Lennon, Center for International Environmental Law