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45th week CCM 2026. COP31 is beginning. PACM, Article 6, levies and contributions, public hearing on three new methodologies; World Economic Forum CEOs; UN undergoing restructuring
Monday, 9 November 2026.
45th Week Carbon Credit Markets in 2026.
🎸 On the soundtrack of carbon markets.Â
Carbon credits will take center stage at COP31 with a series of UNFCCC events on the Paris Agreement Crediting Mechanism (PACM). The events will present progress on Article 6.4, opportunities to broaden participation by countries and market players, and practical guidance on transacting and using credits. They will also showcase tools to support decision-making. Another focus will be the fees and contributions that host countries charge. The sessions will stress the need for transparent mechanisms to ensure competitiveness, environmental integrity and social benefits in the international carbon market.
Other highlights on the road to COP31 include the stance of the World Economic Forum’s CEO alliance. The alliance brings together more than 125 companies and presents the low-carbon transition as a strategic economic opportunity. It calls for expanding high-integrity carbon markets, Article 6 mechanisms and carbon pricing to speed up delivery of the climate agenda.
Briefs and opportunities include the PACM (Article 6.4) opening public consultations on three new carbon credit methodologies, with comments due by November 26. Also new is UNICLI, a UN institute created by merging UNITAR and UNSSC. It will focus on building capacity, institutional innovation and skills development to tackle global challenges.
Carbon Credits
From design to delivery: Article 6.4 Supervisory Body takes stock of PACM at COP31
The Article 6.4 Supervisory Body will hold the event “From Design to Delivery: What’s Next for the Paris Agreement Crediting Mechanism” at COP31 on Friday, 13 November 2026, 18:30–20:00 (Special Event Room 6, Area B1, Blue Zone), open to all interested Parties and stakeholders. It will highlight PACM progress this year and priorities for expanding participation and developing new activities, bringing together the Supervisory Body, Parties, civil society and market actors in a panel with audience Q&A. UN Climate Change Executive Secretary Simon Stiell is expected to give opening remarks, and the event will be streamed via the COP31 Virtual Meeting Platform and the UN Climate Change Events YouTube channel.
COP31: Article 6 event series takes PACM from intent to transaction
The UNFCCC, the secretariat of the UN Framework Convention on Climate Change, is hosting a series of Article 6 capacity-building events at COP31, offering practical guidance to Parties and stakeholders on the Paris Agreement Crediting Mechanism (PACM) and wider Article 6 cooperation. All sessions take place at the SPE6 Theatre, Area B1, Blue Zone:
11 Nov - how emission reductions authorised by PACM host Parties can be used as ITMOs under Article 6.2
12 Nov - “Straight talk”, addressing concerns and correcting misconceptions about PACM
12 Nov - from intent to transaction, covering priority sectors, indicative volumes and timelines
14 Nov - data and analytical support, introducing PRISM, a decision-support tool; and
14 Nov - a workshop on the PACM activity cycle from design to issuance, using the PACM Activity Cycle Walkthrough and the Idea-to-Issuance Navigator.
Fees and levies: how host countries structure charges under Article 6
The information note “Fees and Levies under Article 6” (2026), prepared by M. Rabbia under the Collaborative Instruments for Ambitious Climate Action (CiACA) initiative and made available by the UNFCCC, the United Nations Framework Convention on Climate Change (it does not necessarily reflect the secretariat's views), examines the fees and levies that host countries apply in the Article 6 carbon market. It distinguishes administrative fees, which cover authorisation, registry and MRV costs, from redistributive levies such as adaptation and benefit-sharing levies, and from the corresponding adjustment fee, which internalises the opportunity cost of transferring mitigation outcomes outside the NDC. It also separates authorised units (ITMOs) from non-adjusted ones and accounts for charges by independent crediting programmes, such as the Article 6.4 PACM, with its 5% share of proceeds for adaptation. The conclusion: transparent and proportionate charges balance revenue and competitiveness and act as safeguards against overselling, reinforcing the market's environmental integrity and social legitimacy.
Others Highlights
Climate CEOs: the low-carbon transition is a strategic economic opportunity
In an open letter published on 8 October 2026, the World Economic Forum’s Alliance of CEO Climate Leaders - more than 125 companies and organisations, $4 trillion in revenues and over 13 million employees - states that the low-carbon transition is a strategic economic opportunity. From 2019 to 2024, members cut aggregate Scope 1 and 2 emissions by about 34%. Green revenues grew at 12% a year between 2020 and 2024, and the green market, above $5 trillion in 2024, is projected to reach $7.1 trillion by 2030. For COP31, the priority is implementation: the CEOs ask governments for stable, investable policy frameworks, capital mobilisation - including advancing high-integrity carbon markets and Article 6 mechanisms - and effective carbon pricing, plus electrification, infrastructure and resilient economies; and they ask business to scale solutions with proven economics, build lower-emission supply chains, keep credible transition plans and create demand signals for emerging technologies.
Briefs & Opportunities
Public consultations open until 26 November 2026: the PACM (Article 6.4) invites stakeholders to review and comment on the proposed methodologies:
Afforestation and Reforestation of Lands – Except Wetlands (A6.4-PMM012).
Reduction through Coal Quality Improvement (A6.4-PMM013).
Rewetting and fire prevention on drained temperate peatlands (A6.4-PMM014).
Efforts to enhance efficiency within the United Nations are underway. A few weeks ago, the General Assembly approved the merger of the UNSSC and UNITAR, creating the United Nations Institute for Capability and Learning Innovation (UNICLI), which will begin operations on January 1, 2027. This initiative combines UNITAR’s experience in capacity building and training for Member States, diplomats, and institutions with the UNSSC’s expertise in learning, leadership development, and knowledge management. By doing so, it strengthens capacity building, institutional innovation, and competency development, aiming to improve the performance of the UN system and prepare its members for the global challenges of the future.
Events
November
🇧🇪 10, 12th Carbon Removal Expert Group meeting. Directorate-General for Climate Action from the European Commission. Brussels & online
🇹🇷 9 - 20, COP31. Antalya, Türkiye.
December
🇺🇸 03, Post-US Midterms Elections: What Lies Ahead for Carbon and Biofuels Policy. OPIS / Dow Jones Energy.
2027 Maio
🇩🇪 26 - 28, Innovate4Climate 2027 by The World Bank Group. Berlin, Germany
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