UNICA at COP30 – ”Carbon market and opportunities for bioenergy”

The adoption of the Paris Agreement’s Article 6.2 and 6.4 market mechanisms, formalized at COP29, represents a major milestone in the creation of a regulated international carbon market. Alongside cap-and-trade systems and the voluntary carbon market, these mechanisms are essential for valuing emission reductions and removals with environmental integrity, helping countries and companies achieve their decarbonization goals. Moreover, carbon markets serve as a powerful driver of investment in innovative sectors—such as bioenergy—that often require substantial upfront resources before reaching large-scale commercial viability.

This panel tackles short-term opportunities for the bioenergy sector in regulated and voluntary carbon markets, discuss regulatory and methodological challenges, and assess expectations regarding the implementation of Paris Agreement market mechanisms.  

Speakers include representatives from Brazil Lead at International Emissions Trading Association (IETA), Brazilian Ministry of Finance  and the Ministry of Economy, Trade and Industry of Japan.

Venue: COP30 – Blue Zone – Brazilian Sustainable Transportation Pavilion (PV-C64)