CLIMATE ACTION UNIT
Implementation of Article 6
Facilitating the implementation of solutions through Article 6 of the Paris Agreement under the framework of SDG 13 to achieve Net Zero targets of companies and countries by 2050
WHAT WE DO
Climate Action Unit is pioneering in cooperative approaches under Article 6 of the Paris Agreement to implement technological and nature-based solutions towards a net zero future, driven by integrity, equity, and transparency.
CLIMATE ACTION UNIT
Enhancing environmental integrity
Climate Action Unit (CAU) is a cross-functional team in ALLCOT that offers advisory and consultancy services on climate policy, capacity building and financing options to countries and companies through the implementation of GHG mitigation activities.
CAU helps towards this mission as it is keen to implement market-based cooperative approaches under Article 6.2 for the transfer of Internationally Transferred Mitigation Outcomes (ITMOs), operationalize market-based cooperative approaches under Article 6.4; and facilitate non-market approaches under Article 6.8.
How we do it?
Origination, finance and ITMO generation
We are amongst the few project developers with dedicated Article 6 Office offering a one stop solution towards implementation of climate change adaptation and mitigation projects worldwide, in three steps: origination, finance and ITMO generation.
CAPACITY BUILDING
We offer customized capacity building services to meet the interests of governments, businesses, carbon traders, and investors. Some of our content includes the following:
- ARTICLE 6 – 101
Includes the main elements and differences between the market mechanisms as well as in-depth explanations on Article 6.2 and Article 6.4. - ARTICLE 6 GLOBAL STATE OF PLAY
Explains the essentials for investors, including insights on pricing, updated information on bilateral agreements, COP28 outcomes, what to expect for the upcoming years, pilot and forerunner projects, priority sectors, readiness insights in host countries in Latin America, the Caribbean, Africa and Southeast Asia. - HIGH INTEGRITY CREDITS
Sheds light on the foundations of the most current international carbon integrity principles.
- ARTICLE 6 ELIGIBILITY CRITERIA IN SINGAPORE
Presents an overarching view on the selling of credits in Singapore. - ARTICLE 6 GOVERNANCE WORKSHOP
Supports Government Ministries and Agencies in building institutional arrangements, planning strategic decisions, and mitigating risk of overselling credits. It aims to help a host country prepare for market mechanisms. Our team has applied experience delivering this workshop in 5 countries of Latin America, Africa and Asia, in Spanish, English and French. - MITIGATION OUTCOMES PURCHASING AGREEMENTS (MOPAs)
Offers in depth know how on important considerations, negotiation aspects, advice on conditions precedent, timing, mitigation of overselling risks and more.
PROJECT DEVELOPMENT
- PROJECT CONSULTING
We help companies with potential mitigation and adaptation actions in determining the potential under Article 6. Moreover, we assist projects on the Clean Development Mechanism (CDM) transition to 6.4, ensuring that only emission reductions that are really additional and go beyond business-as-usual are credited under the Sustainable Development Mechanism
- PROJECT ORIGINATION
We work to bring new ITMO generating activities off the ground, performing the due diligence and documentation for new mitigation activities and building a portfolio for investors, traders and ITMO buyers.
ARTICLE 6 POLICY CONSULTING
We support governments in the design and implementation of an Article 6 strategy, including the alignment of national frameworks, climate policies, and institutional arrangements to prepare host countries to engage in market mechanisms (Article 6.2, Article 6.4) and non-market mechanisms (Article 6.8) support Parties to the Paris Agreements in their Article 6 reporting requirements and National Greenhouse Gas Inventory development.
We are here for you!
Do you have questions or need more information?
Write to us at consultancy@allcot.com and we will be happy to assist you.
