The Swedish Energy Agency is launching a second public procurement process for projects designed to mitigate greenhouse gas (GHG) emissions that are compatible with Article 6 of the Paris climate agreement.
The agency aims to sign mitigation outcome purchase agreements with "one or several actors" located in Ghana, proposing activities delivering emissions reductions that could be transferred under Article 6 of the Paris deal, it said this week.
The activity must be authorised by the Ghanaian government and meet environmental integrity, sustainable development and transformational impact requirements, while also leading to increased mitigation ambition, the agency said. The deadline to submit mitigation activity design documents is 4 October.
The Swedish Energy Agency is also in discussions with Ghana to determine the form that their bilateral Article 6 co-operation could take.
"Since there is yet no agreement on Article 6 rules from the UNFCCC [UN Framework Convention on Climate Change] negotiations, implementation of Article 6 activities will require flexibility and openness to changing circumstances," the agency said.
Article 6 of the Paris agreement is designed to enable voluntary international co-operation on climate action. It presents the possibility of trading emissions reductions between countries and could provide the foundations for an international carbon market.
But disagreements on how to govern the practice have prevented a deal being reached on the relevant rules. Finding a resolution to this will be one of the key aspects of the UN's climate summit, Cop 26, in November.
Sweden launched its first public procurement process for Article 6-compatible mitigation projects with the Dominican Republic last month, the submission deadline for which is 13 September.
