Article 6.8 (LINGO Incentives)

Article 6.8 of the Paris Agreement promotes cooperative, non-market approaches (NMAs) to implement nationally determined contributions (NDCs). NMAs include various categories, such as regulations and voluntary agreements, each affecting market dynamics differently.

Notable examples include Bolivia’s Climate Justice Entity (CJE) and Joint Mitigation and Adaptation Mechanism for Sustainable Forest Management (JMAM). Recent pilot projects like the Adaptation Benefits Mechanism (ABM) and Local Climate Adaptive Living Facility (LoCAL) show promise in enhancing adaptation finance for developing countries, with ABM focusing on results-based funding and LoCAL offering grants for local climate actions

Resources :

• Anderson, R. (2023). Non-market mechanisms under article 6.8 of the Paris Agreement: a transnational perspective, Article, March 2023

• Corporate Accountability (2019), Article 6.8 of the Paris Agreement, Report, August 2019
• Global Forest Coalition (2022), Operationalise Article 6.8 for Non-Market Approach to Real Solutions & Real Zero, Report, November 2022
• World Bank (2022), What You Need to Know About Article 6 of the Paris Agreement, Featured Story, May 2022