<p>This EBRD-organised workshop will focus on carbon market development by reviewing carbon market options and developing local capacities to further develop an Integrated Carbon Programme (ICP) in the SEMED region, based on the interim results of a three-year long project. The workshop is supported by the Spanish Climate Change Office (OECC), Ministry of Agriculture, Food and Environment (MAGRAMA) of Spain.</p>

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<p>ICPs are comprehensive packages that include policy dialogue, technical assistance, carbon pricing for greenhouse gas (GHG) emission reduction projects, monitoring, reporting and verification, and associated results-based payments.</p>

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<p>The project is focused on pre-2020 climate action and it will also contribute to discussions on the design and development of Article 6 of the Paris Agreement at COP22.</p>
