Mobilising Article 6 Trading Structures (MATS)

"The objective of the MT-SFoG program will be to accelerate the restart of an international trading market in emission reductions, generally referred to as mitigation outcomes under the Paris Agreement. SEA have already completed a number of theoretical programs as preparation, whilst the rules of the Paris Agreement are finalized, specifically the rules related to Article 6. This program will take the next steps, developing all the lessons learned into real implementable activities with related transactable mitigation outcomes. The program is not only expected to design and ready a number of activities for transaction, but also to establish the frameworks needed for sustainable transacting in the countries selected to ensure a continued pipeline of activities can be developed. The objective will be achieved through a number of key outputs: 1. Identification and Development of Activities: potential transactable project activities will be identified, selected against set criteria and then developed against the emerging rulebook of Article 6 for international transfer. 2. Governance Framework and Activity Approval Piloting: in order to ensure that identified project activities can proceed to transaction, with related corresponding adjustments, the appropriate governance frameworks must be in place within host countries. This output will support potential host country governments to establish such frameworks, working through the GGGI country teams and installed government contact network. Once frameworks are established they will be tested by processing the project activities identified in Output 1 . 3. Deal Structuring and Finance: GGGI will work with both Sweden as well as the host country in order to ensure as far as reasonably possible, that the two parties have established the underlying architecture needed for a successful MOPA signing and project implementation."