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  • Scaling voluntary action within the framework of the Paris Agreement

Scaling voluntary action within the framework of the Paris Agreement

  • 22 May 2017
  • 14:00 - 18:00 (UTC+02:00)
  • Fira Montjuic Exhibition Centre, Barcelona, Spain
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ICROA welcomes the entry into force of the Paris Agreement. As a business association promoting proactive and ambitious action on climate stabilisation, we look forward to playing our part in its successful implementation. In the past 15 years, the voluntary market has helped raise ambition levels, mobilise private sector finance and build momentum around emissions mitigation. All of these experiences and lessons learned will prove valuable in helping to deliver the objectives of the Paris Agreement.

The entry into force of the Paris Agreement presents opportunities for increased voluntary action, and it also raises important questions for the voluntary market, due to the very different nature of the Kyoto Protocol – under which the voluntary market developed. The transition from one agreement to the other therefore raises important questions that ICROA’s work will address:

  1. What options exist under the Paris Agreement to promote voluntary action?
  2. How can the Paris Agreement rule book enable those options in ways that prevent double counting, respect environmental integrity, promote sustainable development, and enable the flow of private sector capital in support of mitigation and adaptation?
  3. How can Article 6 provisions be developed to provide an enabling framework for voluntary action?
These questions and others will need answering before 2020. To do this ICROA is embarking on a bi-annual series of workshops with market stakeholders and national governments. These groups will have a critical role to play in endorsing, rewarding and governing voluntary action under the Paris Agreement, and to ensure that private sector contributions complement and accelerate progress towards the NDCs. The first workshop will be held on Monday 22nd May at Innovate4Climate in Barcelona. The aim of these workshops will be to set out the issues, identify the challenges and develop collaborative solutions amongst an engaged group of voluntary market stakeholders.

 2-6pm, Monday 22nd May 2017 to be followed by a drinks reception
Where: Fira Montjuic Exhibition Centre, Barcelona, Spain
Contact: Simon HENRY, ICROA Programme Director 
Workshop Flyer: Download here

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