Session 3B presentation from the 8th Strategic Dialogue of the Carbon Market Platform, 23-24 October 2023

1. How the CP4D addresses current crises
COVID-19
CRISIS
Support a green
and equitable
recovery from
COVID-19 crisis
Accelerate
implementation of
NDCs and Paris
Agreement goals
CLIMATE
CRISIS
2023 Strategic Dialogue of the Carb
Platform (CMP)
24th October 2023

2. Paris-Era Carbon Market Challenges
o Regulatory & Institutional Readiness Support;
o Paris-aligned carbon market rules & NDC;
o Mitigation opportunities and scale-able supply;
o Sovereign & corporate demand;
o Fungibility of credits & international trading.

3. UNDP’s Article 6 Readiness Support
Regulatory & Institutional Readiness Support
 Development of Art6 Regulatory and Institutional Framework
 Capacity building (self-paced courses, guidance manuals, technical trainings)
 Ad-hoc project approval support for eligible countries
(with bilateral agreements in place)
 Dissemination & scoping of private sector opportunities for Art6.2
Digital Infrastructure:
 Carbon Cooperation platform for ITMO process flow
 National registries built open source as Digital Public Good
 WebApps and Video Monitoring of projects generating ITMOs

4. 4
Georgia Morocco Uruguay Malawi Kazakhstan
Multiple Country Assistance: A6 Regulatory Frameworks

5. Code
Layer
(source
code)
Configurati
on Layer
(Country
Settings
Section)
New Country
User Layer
(Project
Section)
Modular approach scalable: every time
new country added:
New modular configuration, ITMO flows
are build with a configuration for every
country:
• consultations
• prototyping
• Configuration with UI (no new
implementation needed)

7. UNDP
DIGITAL
Carbon Credit
Issuance
Internation
al Trading
Automates the issuance of
carbon credits, ensuring
accuracy, transparency, and
compliance with international
standards. Facilitate the
recognition and tracking of
credits to ensure credibility.
Experience seamless trading of
carbon credits within and
across borders. Local transfers
and retirements are all
accounted for with detailed
immutable records. While
integrations & tokenization
allow for traceable
international actions.
UNDP’s Digital Public Good National Carbon Registry

8. Future Opportunities for Carbon Markets in the Era of Paris
o Substantial leap from the current US$ 2 billion market size;
o Increase in sovereign demand market stability;
o Diversity & domestic pricing schemes;
o Pivotal role: International & national corporates
compliance & voluntary targets;
o Key for success: collaboration at scale, regionally,
globally, sectoral.

9. Contact: alexandra.soezer@undp.org
Learn more about the
carboncooperation platform here