A new era in carbon trading begins with Chile-Switzerland at COP28.

Chile has entered into a pivotal bilateral agreement with Switzerland under Article 6.2 of the Paris Agreement. This collaboration underscores a significant commitment to advancing carbon markets and climate action.

This agreement underscores Chile's dedication to establishing a comprehensive and effective framework for carbon trading. It signifies an important milestone for developers and potential buyers in the carbon market, fostering new avenues for innovation and cooperation in our collective efforts to mitigate climate change.

For those of us engaged in the carbon markets, this represents a crucial juncture. It not only reinforces the integral role of Article 6.2 in facilitating international efforts towards emissions reduction but also underlines the expanding scope for transnational collaboration in carbon trading initiatives.

We welcome professionals involved in large-scale mitigation projects to discuss how this development can benefit your endeavors. Our team is eager to assist with project evaluations and inquiries about this new framework. Reach out to us for support and collaboration in this dynamic field.

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COP28: A Missed Opportunity for Article 6, but Article 6.2 Bilateral Agreements Offer a Path Forward in Carbon Markets

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