Bhutan

PMI Program Objectives:

• Develop the governance framework for the national carbon registry and the Bhutan Climate Fund, establishing the organizational structure, roles, responsibilities, decision-making processes, and accountability mechanisms necessary to effectively manage the registry.
• Develop the carbon markets policy framework to provide clarity on the country’s approach to Article 6 implementation including country processes and institutional arrangements to manage Article 6 transactions.
• Establish a clear national strategy on using carbon markets in the context of meeting the country’s own climate and development goals.