Legal and Regulatory Reform Toolkit for High-Integrity Carbon Markets
This toolkit offers countries a practical pathway to develop or strengthen their legal and regulatory frameworks for high-integrity carbon credit transactions, particularly under Articles 6.2 and 6.4 of the Paris Agreement. It sets out the core elements of sound governance architecture; rigorous procedures for validation, issuance, monitoring, verification, and registration; additional considerations for sector specific mitigation activities such as nature-based solutions (NBS); and guidance on the government’s role in structuring carbon credit transactions.
It sets out the core elements of sound governance architecture; rigorous procedures for validation, issuance, monitoring, verification, and registration; additional considerations for sector specific mitigation activities such as nature-based solutions (NBS); and guidance on the government’s role in structuring carbon credit transactions.
Accompanying the Toolkit is an online chatbot (accessible at https://aix.worldbank.org/ext/chat/carbonmarket) that allows users to dig further into and engage the legal insights it contains more effectively.
