With the rebuilding of carbon markets under Article 6, governments, businesses, and civil society actors are now mobilizing to develop and trade high-integrity carbon credits. To avoid past challenges, such as weak environmental integrity, double counting, and negative social impacts on local communities, new rules and systems for governance, monitoring, and verification have been developed. In this context, innovative digital technologies are increasingly highlighted as potential game changers for enhancing the transparency and integrity of carbon markets. Examples include platforms that improve access to carbon market data, advanced data analytics and machine learning tools for processing large volumes of information, and new technologies for measuring and monitoring carbon sequestration in projects.

This event aims to bring together stakeholders involved in and affected by the emergence of the new carbon markets. The objective is to share experiences from the development of Article 6 carbon markets and explore different perspectives on whether and how innovative digital technologies can help avoid the negative experiences and impacts associated with previous carbon market mechanisms. What challenges and trade-offs arise? What needs and barriers influence the development and use of carbon markets? To what extent can innovative digital technologies contribute to the creation and scaling of high-integrity carbon credits?