Guidance on Future Carbon Market Applications

The objective of this mandate was to prepare Tunisian actors in the use of market mechanisms, not only for international purposes such as those outlined in Article 6 of the Paris Agreement, but also those for national purposes. The goal is to ensure benefits from the opportunities offered through the implementation of National Determined Contributions (NDCs) and a low-carbon strategy. The work of Econoler was mainly focussed on analysing opportunities in line with the mechanisms of Article 6 of the Paris Agreement.

Under this mandate, Econoler carried out the following tasks:

• Identify the mitigation actions most likely aligned with the mechanisms outlined in Article 6 and analyse the implications of eventual Internationally Transferred Mitigation Outcomes for the implementation of a Nationally Determined Contribution (NDC);
• Define the possible uses of market mechanisms at the national level, evaluate eventual contributions thereof to achieving NDC targets, as well as identify synergies with Article 6 mechanisms;
• Promote Tunisia as a key partner for the implementation of cooperative approaches under Article 6, notably by identifying eventual pilot projects;
• Participate in capacity reinforcement activities targeting stakeholders.

  This mandate enabled Tunisia to obtain guidance and recommendations to benefit from carbon market mechanisms while implementing its NDC.