INITIATIVES
Complementary to our core advocacy work, IETA also runs initiatives to support carbon market development.
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Introduction
Complementary to our core advocacy work, IETA also runs initiatives to support carbon market development.
These initiatives include industry-led dialogues to support countries and the private sector engage with carbon markets to achieve their NDCs and increase ambition via our Business Partnership for Market Implementation (B-PMI); modelling the impacts of Article 6 in conjunction with researchers from the Center for Global Sustainability at the University of Maryland; promoting best practice in the voluntary market via the ICROA programme; with the World Bank and the Government of Singapore, pioneering a decentralised metadata platform to bring more transparency to the carbon market; and working with industry and and experts to develop high-level criteria for a set of principles to govern the development of tradable reductions and removals using technology-based carbon sink enhancements.
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B-PMI
IETA launched in 2022, the B-PMI, to complement the World Bank’s PMI, providing capacity building to business organisations and informing policy development in selected PMI countries .
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Article 6
modelling studiesIETA has partnered with researchers from the the Center for Global Sustainability at the University of Maryland to produce a number of studies about the potential of international carbon market approaches, identifying how Article 6 implementation could encourage businesses to accelerate climate action and nations to advance more ambitious commitments.
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CAD Trust
Together with the World Bank and Government of Singapore, IETA is one of the founding partners of CAD Trust, a decentralised metadata platform that links, aggregates and harmonises all major carbon credit registry data to enhance transparent accounting in line with Article 6 of the Paris Agreement.
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ICROA
ICROA represents the interests of service providers in promoting emissions reductions and offsetting to the highest standards of environmental integrity and in support of the Paris Agreement.
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High-Level Criteria for Carbon Geostorage Activities
IETA’s High-Level Criteria for Carbon Geostorage Activities are a set of principles to govern the development of tradable reductions and removals using technology-based carbon sink enhancements that can assume a major role in achieving the net zero goal of the Paris Agreement.