Publication:
Country Guidance for Navigating Carbon Markets

Abstract
As a follow-up to the "Navigating Decisions in Carbon Markets" framework, this Guidance Document helps host countries develop a strategic approach for engaging with international carbon markets. It is structured into seven modules and is designed to help countries explore and answer fundamental questions on their participation in international carbon markets. It aims to help countries unlock the potential these markets offer to mobilize financing to support climate and wider developmental objectives, while managing risks. It identifies options, evaluates their strengths and weaknesses, and supports informed decision making. The Guidance also aims to address fragmentation in the capacity building landscape and was co-developed with the Paris Agreement Article 6 Implementation Partnership (A6IP), the Global Green Growth Institute (GGGI), the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the Integrity Council for the Voluntary Carbon Market (ICVCM), the United Nations Development Programme (UNDP), the United Nations Framework Convention on Climate Change (UNFCCC), and the Voluntary Carbon Markets Integrity Initiative (VCMI).
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World Bank; A6IP; GGGI; GIZ; ICVCM; UNDP; UNFCCC; VCMI. 2025. Country Guidance for Navigating Carbon Markets. © World Bank. http://hdl.handle.net/10986/43263 License: CC BY-NC 3.0 IGO.
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