IETA Asia Climate Summit

The Asia Climate Summit, an annual summit organised by IETA with ICAP, and hosted this time by Thailand’s Department of Climate Change and Environment, aims to bring together 800+ carbon market leaders, policymakers, and sustainability experts across the Asia-Pacific. The agenda focuses on scaling Article 6 following COP29, mobilising climate finance, and accelerating compliance market growth in key economies like China, India, and Indonesia. Key themes include the role of CORSIA, CBAM, NBS, CDR and CCUS technologies, and the future of independent crediting and regional market harmonisation in ASEAN.

With the recent adoption of Article 6 rules at COP29 in Baku, the Summit will explore the scaling up of international markets and mobilisation of climate finance leading up to COP30 in Brazil.

Discussions will also delve into the role of Nature-Based Solutions (NBS), including REDD+, blue carbon, and biochar, alongside advancements in Carbon Dioxide Removals (CDR), CCUS, and the role of cutting-edge AI and technology in driving scalable solutions. Finally, with a focus on expanding international carbon markets of high integrity, the Summit will address the future of independent crediting programmes, the role of harmonisation and regional developments in ASEAN to deliver carbon finance at scale.

Kavya Bajaj, Government Relations Manager at Gold Standard, is speaking at the Plenary session : Breakout 6 – From Theory to Trade: The Next Chapter for Article 6, the 10th July at 11:30 (ICT)

Following the agreement on Article 6 rules at COP29, APAC is now leading the way in Article 6 implementation with buyer countries such as Singapore, Japan, and South Korea seen as global benchmarks. The session will explore how APAC’s leadership is driving real-world Article 6 transactions, and address regulatory developments, issues around authorisation, accounting, reporting and the future of cross-border cooperation under Article 6.