CGIAR@COP30: Article 6.8 – Non-Market Approaches Negotiation Updates
While carbon markets often steal the limelight, COP30 is also turning attention to Article 6.8 of the Paris Agreement, which deals with Non-Market Approaches (NMAs) to climate action. Simply put, Article 6.8 encourages countries to cooperate on climate efforts without exchanging carbon credits or finance in a market setting. Examples of NMAs could include: sharing technology and expertise, forming partnerships to build