Project overview
The Article 6 Policy Support Project for Oman is a strategic initiative by Agricapita Innotech Private Limited. It helps the Sultanate prepare for active engagement in international carbon markets under Article 6 of the Paris Agreement by building institutional readiness, developing a national policy framework, and mobilizing high-integrity mitigation outcomes aligned with Oman’s Nationally Determined Contribution.
Project objectives
- Policy readiness: support the drafting of Article 6-aligned domestic policies and legal frameworks.
- Institutional capacity: train stakeholders on Article 6 modalities, authorizations, and registries.
- Market engagement: enable participation in cooperative approaches under Article 6.2 and the UNFCCC mechanism under Article 6.4.
- Sustainable development: align implementation with Oman’s climate goals and Vision 2040.
Key components
- Analyze policy gaps against UNFCCC guidance and identify legal, institutional, and technical needs.
- Consult ministries, regulators, and the private sector to develop national positions on authorizations, corresponding adjustments, and benefit sharing.
- Create national guidelines for project eligibility, sector coverage, baseline alignment, approval, tracking, and ITMO issuance.
- Build capacity in MRV protocols, carbon registries, and integration with UNFCCC infrastructure.
- Prepare industries for the EU Carbon Border Adjustment Mechanism and assess carbon-pricing and climate-finance opportunities.
National impact
- Improve Oman’s readiness for cooperative international mitigation efforts.
- Strengthen coordination across environment, energy, and industry institutions.
- Establish a transparent MRV and authorization process under Article 6.2.
- Promote climate-compatible investment in energy, oil and gas, waste, and transport.
Alignment with global standards
- UNFCCC modalities, procedures, and guidelines.
- Article 6.2 and 6.4 guidance from COP26 and COP28.
- CDM transition and interoperability with voluntary carbon markets.