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Part 1 of the Carbon Market Framework for Zambia: Guidelines for the Submission and Evaluation of Proposed Mitigation Activities under Article 6 of the Paris Agreement

2023PolicyMore details
Sectors: Finance

Issued by the Ministry of Green Economy and Environment, this guideline regulates the decision-making process for private mitigation activity development in Zambia. It is the first, in a series of guidelines, seeking to operationalize Zambia's participation in international carbon markets, under the provisions of Article 6 of the Paris Agreement (specifically under Articles 6.2 and 6.4). It builds on the "Interim Guidelines for Handling of Carbon Markets and Trading Zambia", published in 2022. 

This document outlines the criteria for assessing A6 and non-A6 (voluntary) mitigation activities. It is specifically concerned with environmental integrity, sustainable development, and ambition raising criteria. It further describes the rules and obligations of all parties involved in developing mitigation activities under A6. Lastly, it creates a national registry to register mitigation outcomes from authorized mitigation activities. 

Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing

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Guidelines for the Submission and Evaluation of Proposed Mitigation Activities under Article 6 of the Paris Agreement Part I of the Carbon Market Framework for Zambia
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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.