Introduction to Unit 5

This unit provides a practical framework for countries to develop a national strategy for participating in Article 6 mechanisms. It begins by outlining key strategic considerations, including institutional arrangements needed to oversee participation and decision-making. The unit highlights both the opportunities and risks associated with engagement, such as the risk of overselling mitigation outcomes, and offers strategies to mitigate these risks while preserving ambition and environmental integrity. It also explores the implications of administrative fees and the use of Article 6 revenues to support adaptation. Lessons address how to design equitable benefit-sharing mechanisms and set robust criteria for project approval and ITMO authorization. The unit concludes with guidance on how to assess a country’s overall readiness to participate in Article 6, helping policymakers identify capacity gaps and prioritize institutional and technical reforms.