December 2023UNDP’s High-IntegrityCarbon Markets InitiativeUNITED NATIONS DEVELOPMENT PROGRAMME1UNDP’s High-Integrity Carbon Markets Initiative UNDP is the leading United Nations organization fighting to end the injustice of poverty, inequality, and climate change. Working with our broad network of experts and partners in 170 countries, we help nations to build integrated, lasting solutions for people and planet. Learn more at undp.org or follow at @UNDP.Copyright © UNDP 2023. All rights reserved. One United Nations Plaza, New York, NY 10017, USA.2UNDP’s High-Integrity Carbon Markets Initiative Acronyms 1. Introduction 2. High-integrity carbon markets 3. Strategic context 4. UNDP vision, mission and strategic outcomes 5. UNDP’s high-integrity carbon market offers Offer 1: Readiness - Carbon market access strategies Offer 2: Implementation - Article 6 ITMO Facility Offer 3: Implementation - Jurisdictional VCM Offer 4: Implementation - Domestic carbon markets & emission trading schemes Cross-cutting application of high-integrity guardrails Carbon accounting and transparency Social and environmental safeguards and sustainable development benefits6. Why UNDP? Additional guidance and UNDP policies 7. Next Steps References34589111113141718182022222324Contents3UNDP’s High-Integrity Carbon Markets Initiative AcronymsBeyond Value Chain MitigationCarbon Payments for DevelopmentEmission ReductionEmission Trading SchemeFree, Prior and Informed ConsentGreenhouse Gas Integrity Council for Voluntary Carbon Markets International Human Rights Law Internationally Transferrable Mitigation OutcomesMeasuring, Reporting and VerificationNationally Determined ContributionScience-based TargetsSustainable Development GoalUnited Nations Framework Convention on Climate ChangeVo...
