Renca–Toyama as a model City-to-City collaboration that travels
With COP30 now underway, the Municipality of Renca spent the past month preparing locally for what is being discussed globally under Article 6 and cooperative carbon markets.
In early October, Renca hosted the seminar “Investment for Carbon Neutrality” at La Fábrica, bringing together municipal leaders, private companies and Japanese experts to explore how carbon finance can accelerate decarbonization in local industries. The discussion highlighted the Private Joint Crediting Mechanism (JCM) as a pathway for companies to monetize verified emission reductions through cooperation with Japan under the GX-ETS, and it centered on the design of a private electromobility program for logistics fleets to reduce emissions and open new Article 6 financing channels.
Building on that groundwork, the team has been mapping the local logistics ecosystem, outlining eligibility criteria and baseline approaches for fleet decarbonization, and identifying companies that could pilot high-integrity initiatives aligned with national goals. The aim is simple: connect market-ready projects with credible demand so that each tonne reduced is measurable, verifiable and tradable—turning climate ambition into investable action for Renca and beyond.
That preparation connects directly to today’s side event at the Chile Pavilion (Blue Zone), organized by the Municipality of Renca and featuring Mayor Claudio Castro alongside invited speakers, with Gonzalo Muñoz (High-Level Climate Champion for COP25) moderating.
The message is clear: local action + international cooperation can scale market-driven climate solutions—linking the Renca–Toyama collaboration, corporate ambition and high-integrity Article 6 pathways for electromobility.
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