The World Bank has introduced a new toolkit to help countries build legal and regulatory frameworks for carbon credit transactions. The guide focuses on implementing Articles 6.2 and 6.4 of the Paris Agreement to ensure carbon markets remain high-integrity and cost-effective. The toolkit provides specific guidance on governance architecture, monitoring, and verification procedures. It also includes specialized considerations for nature-based solutions and defines the government's role in structuring credit transactions to support global decarbonization.
