This policy paper examines the architecture of Article 6 of the Paris Agreement and its strategic implications for Ukraine. It explains how international carbon market mechanisms function, outlines the different forms of cooperation established under Article 6, and analyses the opportunities and risks associated with Ukraine’s potential participation.

The paper considers Article 6 as an important element of Ukraine’s post-war recovery, climate governance, and European integration. Particular attention is paid to the institutional prerequisites for effective participation, including corresponding adjustments, environmental integrity, and the strategic management of mitigation outcomes.
The publication also analyses the specific challenges Ukraine faces in implementing Article 6 under wartime conditions, including risks related to environmental integrity, institutional readiness, social safeguards, and alignment with the country’s future emissions trading system.

Based on this analysis, the paper provides concrete policy recommendations aimed at ensuring that Ukraine’s engagement under Article 6 supports long-term decarbonization, strengthens domestic climate governance, attracts high-quality investment, and remains consistent with the country’s climate commitments and European integration objectives.

This policy paper was prepared in cooperation with the Scientific Center of NaUKMA “Kyiv Energy and Climate Lab”, a joint initiative with Helmholtz-Zentrum Berlin für Materialien und Energie (HZB).