Climate Change Administration

【Unlocking Paris Agreement Article 6: Bilateral Piloting between Taiwan and Paraguay Shaping a High-Integrity Global Carbon Market】
As COP31 marks a historic milestone, Article 6 of the Paris Agreement officially initiates a transformative era of cross-border carbon market interoperability and multilateral climate cooperation! With pragmatic innovation, Taiwan is spearheading high-impact cross-border implementation: the Ministry of Environment, in partnership with the Industrial Technology Research Institute (ITRI) and diplomatic ally Paraguay, has fully launched an Article 6 pilot initiative. Grounded in an Afforestation, Reforestation, and Revegetation (ARR) nature-based carbon sink project, this collaboration pioneers field tests of third-party validation, robust MRV, host country authorization, and Article 6 "Corresponding Adjustments" to safeguard environmental integrity and eliminate double counting. Looking ahead, Taiwan plans to integrate high-integrity international carbon credits into its domestic carbon fee crediting mechanism in accordance with the law, unlocking resilient cross-border decarbonization pathways for enterprises. Convening renowned international think tanks, the International Emissions Trading Association (IETA), Paraguayan carbon market leadership, and the Taiwan Carbon Solution Exchange (TCX) for cross-border dialogue, this forum unpacks cutting-edge institutional innovations in international carbon markets to empower you to secure strategic commanding heights in the evolving green economy!

Keynote Title

• Financing High-Integrity Carbon Removals under Article 6: Pathways to Scaling International Carbon Markets
• Building a Credible Carbon Finance Ecosystem: Connecting Taiwan’s Carbon Market with International Markets