The IFC Standard is proud to announce that its methodology has been formally submitted to the UNFCCC for consideration under Article 6.4 of the Paris Agreement. This marks a significant step toward global recognition of IFC’s approach to high-integrity emissions reduction.
What this means:
Application under review: The IFC methodology is currently under review by the UNFCCC Article 6.4 Supervisory Body. Once approved, it would be eligible for use under the Paris Agreement’s centralized carbon crediting mechanism.
Listed on the UNFCCC Knowledge Platform: The methodology has already been featured on the UNFCCC Nairobi Work Programme (NWP) portal here, highlighting its relevance to climate adaptation and sustainable development goals.
Why it matters:
Alignment with Article 6.4 objectives: The IFC methodology is designed to meet the high standards of transparency, environmental integrity, and host country alignment required by the Paris Agreement.
Supporting next-generation carbon markets: If accepted, the IFC methodology will be among the tools available to project developers seeking to generate Article 6.4 Emission Reductions (A6.4ERs), helping bridge voluntary and compliance carbon markets.
Next steps:
The review process will evaluate the methodology’s compliance with the Article 6.4 framework, including baseline setting, additionality, and robust monitoring/reporting standards.
IFC is actively engaging with stakeholders and the UNFCCC Secretariat to support the process and ensure full alignment with international climate goals.
In summary:
The submission of the IFC methodology to the UNFCCC for Article 6.4 consideration is a milestone in our mission to deliver credible, science-based solutions for global carbon markets. We look forward to continued collaboration as the process advances toward formal recognition.
