
Module 1 - Carbon Markets 101
What this module covers
Carbon markets are mechanisms that put a price on greenhouse gas (GHG) emissions, creating economic incentives to reduce or remove them. By valuing each tonne of avoided or sequestered carbon, they help channel finance toward climate action and sustainable development. When designed with integrity, carbon markets enable countries, businesses and communities to meet their climate goals more efficiently while driving investment in low-carbon and resilient solutions.
Module 1 is divided into three parts:
Part 1 - Introduction
Introduction to carbon markets provides a general overview of carbon markets. It explores the key actors and their functions in compliance and voluntary markets, as well as the different types of carbon projects that generate emission reductions. The target audience is those who are relatively new to carbon markets.
Part 2 - High integrity
High integrity in carbon markets provides an overview of what high integrity means in the context of carbon markets, with a focus on social and environmental integrity. The target audience is those who are relatively new to carbon markets.
Part 3 - Article 6.2 of the Paris Agreement
Article 6.2 of the Paris Agreement is a comprehensive training designed for government teams responsible for developing and authorizing cooperative approaches under Article 6.2 of the Paris Agreement.
UNDP resources
UNDP’s High Integrity Carbon Markets Initiative
Outlines UNDP’s initiative to help countries and partners engage in carbon markets that are high-integrity, people-centered, and aligned with the Paris Agreement and the SDGs.
FAQs - UNDP High-Integrity Carbon Markets Initiative.
Frequently asked questions about UNDP’s Initiative.
UNDP Carbon Markets Explainer
A simple introduction to carbon markets for those new to the topic. French, Spanish.
Country Guidance for Navigating Carbon Markets
Helps governments develop a strategic approach for engaging with carbon markets.
Voluntary Carbon Market (VCM) Primer
Helps governments understand and strategically engage in voluntary caron markets. Available in English, Bahasa French, Indonesia, Portuguese and Spanish.
Carbon Markets Access Toolkit
Helps governments decide how best to generate and sell carbon credits to access climate finance, catalyse innovation and de-risk investment.
















