New CACE Article 6 Readiness Tracker Launches on Emsurge, Reducing Investment Risks and Accelerating Climate Action
The Climate Action Center of Excellence (CACE) and Emsurge, an OTC trading platform for carbon, biodiversity, and renewable energy certificates, have announced the availability of their innovative CACE Article 6 Readiness Tracker. This groundbreaking tool, launched at COP29 in Baku, provides buyers, investors, project developers, and policymakers with unparalleled insights into the risks associated with transacting Article 6-compliant carbon credits, empowering them to make more informed decisions and accelerating climate action worldwide.
The CACE Article 6 Readiness Tracker evaluates the readiness of 136 developing countries for Article 6 cooperation under the Paris Agreement. Integrated into the CACE ITMO Auction Platform and the Emsurge Carbon Marketplace, this tool offers users detailed data on carbon market readiness, sectoral mitigation opportunities, and investment conditions. By shedding light on institutional and regulatory readiness, project developers and investors gain a clearer understanding of the viability of Article 6 projects, helping to reduce risks and identify pathways for effective climate action and investment.
Dr. Yousef Alhorr, Founding Chairman of the Gulf Organisation for Research and Development (GORD), said the new tool has the potential to transform the Article 6 landscape. “The CACE Article 6 Readiness Tracker fills a critical gap in the global effort to operationalize Article 6 mechanisms,” he said. “By providing transparent, up-to-date data on the readiness and regulatory frameworks of countries, we are empowering stakeholders to make informed decisions and unlocking the potential of carbon markets to drive impactful climate action.”
Key Features of the CACE Article 6 Readiness Tracker:
- Country-Level Article 6 Readiness and Score: Access qualitative and quantitative data relevant to Nationally Determined Contributions (NDCs) and track institutional readiness for Article 6.2 and Article 6.4.
- Article 6 Regulatory Frameworks: Comprehensive review and assessment of the enforceability and scope of Article 6 regulatory frameworks for participating countries.
- Letter of Authorisation (LoA) Risk Assessment Tool: Use our LoA Risk Assessment Checklist to ensure Letters of Authorisation are robust and fit for purpose from the design stage.
- LOA Robustness Tracker: Access initial screenings of published LoAs to evaluate their compliance and enforceability.
- Sector-Specific Opportunities: Explore mitigation opportunities across sectors such as Energy, IPPU (Industrial Processes and Product Use), AFOLU (Agriculture, Forestry and Other Land Use), Waste, Transportation, Cooling, and Technological Removals, with total CO2 mitigation potential outlined.
- Investment Readiness: Review key indicators such as political stability, rule of law, financial sanctions, and other factors essential for informed climate investment decisions.
Melissa Lindsay, Founder & CEO of Emstream & Emsurge, said the integration of the CACE Article 6 Readiness Tracker into Emsurge represents a significant step forward for transparent, data-driven decision-making in carbon markets. “By offering comprehensive insights into the regulatory and market readiness landscape,” she said, “we aim to facilitate more efficient and risk-managed climate investments, ultimately accelerating progress toward global climate goals.”
The Article 6 Readiness Tracker is available for free to all Designated National Authorities (DNAs) and is accessible via Emsurge, providing exclusive tools such as live carbon price data, registry insights, and API integration for deeper market intelligence.
Join the Future of Climate Action: Leverage the CACE A6 Readiness Tracker to drive sustainable investments and lead impactful climate action worldwide. For more information or to schedule a demo, contact sales@emsurge.com or visit www.emsurge.com.
