INITIATIVES
Complementary to our core advocacy work, IETA also runs initiatives to support carbon market development.
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.