IETA has published its COP30 Policy Paper, setting out key priorities for advancing international carbon market ambition and implementation in Belém, Brazil.
Since 1999, IETA has been a trusted business voice in global climate negotiations, advocating for market-based solutions under the UNFCCC and supporting the evolution of international carbon markets. Representing more than 330 companies active in carbon markets across the world, IETA continues to emphasise that Article 6 of the Paris Agreement remains central to achieving global climate goals.
At COP29 last year, negotiators concluded the Article 6 Rulebook, establishing the framework for international cooperation through carbon markets. With further formal negotiations not expected to resume until 2028, COP30 in Belém, Brazil is poised to focus on strengthening ambition and implementation, particularly how Article 6 can help channel private-sector finance toward global climate objectives.
Throughout 2025, IETA has actively engaged in shaping the emerging Paris Agreement Crediting Mechanism (PACM) under Article 6.4 and in scaling up cooperative approaches under Article 6.2. However, implementation progress remains slower than required to meet international targets, underscoring the need for COP30 to advance Article 6 ambition and implementation.
Our COP30 Policy Paper highlights the key carbon market issues expected to feature in Belém, including:
- Guidance on Article 6.2 implementation and ambition
- Guidance on the Paris Agreement Crediting Mechanism (Article 6.4)
- Decisions on the Clean Development Mechanism (CDM) transition
- Non-negotiated outcomes and initiatives on carbon markets
- The “Baku-to-Belém Roadmap to 1.3 Trillion” on climate finance
