IEA at COP28: Carbon pricing to foster the clean energy transition – Focus on domestic markets and Article 6 implementation

Dubai time: 10 December 2023, 9:00-10:30.

With the world still reeling from the economic effects of the energy price crisis, electrification, and efficiency, enabled by renewable energy, have become even more important transition drivers. Carbon pricing, including Article 6 of the Paris Agreement, can be a key element within broader climate and energy policy instruments to help foster the clean energy transitions. International cooperation is a top priority to ensure that countries meet the global net zero goal by mid-century.

In this side event, high-level representatives, and technical experts from the Korea Environment Corporation (K-eco), the International Energy Agency (IEA) and the International Carbon Action Partnership (ICAP) will convene a discussion with carbon markets and Article 6 experts on the current state and trends of clean energy transitions, and the role that domestic carbon markets and Article 6 could play to accelerate the transitions.