<p>Since the adoption of the &lsquo;rulebook&rsquo; for international carbon markets and nonmarke approaches under Article 6 in 2021, many countries have moved towards the implementation of international market-based cooperation. This can serve different objectives, including meeting and enhancing NDC targets, attracting investment for high-cost mitigation actions, facilitating technology transfer, and building capacities. Countries that want to benefit from market-based cooperation under Article 6 &ndash; sellers and buyers alike &ndash; need to become Article 6-ready. Who are the frontrunners in the MENA region with regards to climate transition policy? Will additional resources need to be deployed within the region to unlock the full potential of international carbon markets and non-market approaches?</p>
