Accelerating Net Zero Transitions Considering Article 6 of the Paris Agreement

The Article 6 of the Paris Agreement provides a platform for countries and international maritime and aviation industries to meet their targets towards Net Zero. The Article 6 mechanisms are still under development, but they have the potential to play a significant role in the fight against climate change. They can help countries to achieve their emissions reduction targets and they can promote sustainable development in developing countries.

As a prominent decarbonization partner, ReNew is developing many carbon offset based solutions for companies in their journey to achieve their net-zero targets. ReNew would like to undertake what are the key drivers in successfully operationalizing Article 6 projects. ReNew tasked the Capstone team to provide an understanding of the international regulatory landscape, expected future regulations, factors driving buyer and host countries to implement Article 6, key institutions in this space which can influence decision making, strategize how ReNew can leverage Article 6 to expand its Green Credit business, and analyze investors and financial institution’s role in driving this transition and adoption strategy.