News: Granary of Solutions platform launches to boost global sustainable initiatives. Read it here.
Harmonization of carbon markets and carbon accounting standards
This solution focuses on accelerating global cooperation on mitigation, by valuing verified reductions and removals beyond carbon trading. It aims to boost ambition with high-integrity standards, transparent MRV, and demand for credible credits that also deliver social and environmental co-benefit.
How this solutions relates to the action agenda
Axis: Unleashing Enablers and Accelerators including on Financing, Technology and Capacity-Building
Key Objective: Harmonization of carbon markets and carbon accounting standards
By promoting mitigation contributions without requiring complex credit transfers, this plan accelerates climate action, channels funding to adaptation, raises ambition across nations, and builds trust in a credible ecosystem of high-integrity projects, spanning sectors from agriculture to carbon removal.
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