Project description

The analysis revolved around Article 6 mechanisms within the Paris Agreement, with a focus on their integration into Jordan's climate strategy. It explored interactions with potential future domestic market-based tools, aiming to bolster the nation's efforts to achieve its carbon reduction goals outlined in the Nationally Determined Contributions (NDCs).

Comparative evaluations extended to regional carbon pricing instruments, particularly within the Gulf Cooperation Council. These assessments identified avenues for collaboration through Article 6 mechanisms, promoting cross-border partnerships for effective climate change mitigation in the region.

Recommendations stemmed from the analysis, addressing intricate technical, legal, and regulatory aspects necessary for successful Article 6 implementation in Jordan. These guidelines considered potential impacts on future domestic market instruments, ensuring harmonization within the country's climate policies.

Support extended to Jordan's comprehension of CORSIA participation, encompassing pros and cons, alongside the possibility of providing offsets to the CORSIA market. This insight empowered informed decisions in international carbon offset initiatives.

Moreover, the analysis delved into Jordan's infrastructure readiness for Article 6 engagement, evaluating both physical and regulatory preparedness. Gaps were identified, enabling targeted enhancements to align with international carbon markets' requirements.

The study culminated in a comprehensive strategy and roadmap, synthesizing analysis outcomes. This strategic framework offers a cohesive approach, positioning Jordan as an active participant in global climate change mitigation initiatives.

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