Perspectives developed two reports as part of the assignment, one about offsets in the carbon markets and one about the influence of Article 6 on the global carbon markets. Tasks carried out for the elaboration of the first report were: – Analysing the context and recent developments in offset markets and the identification of different offset types – Conducting thorough analysis of the current markets for offsets, current linkages between different markets, and risks for environmental integrity and double counting on different markets with selected case studies – Linkages of different markets (voluntary and compliance) and assessment of the main drivers for demand – Developing a policy outlook on the emergence of a carbon market in the short, medium and long term – Summarising the main policy issues and formulate key recommendations For the second report, Perspectives provided: – An analysis of the context and an overview of the basic concepts – Detailed explanations of Internationally Transferred Mitigation Outcome (ITMO), the role of NDCs, and the positions and views of different stakeholders – A policy outlook on harnessing Article 6 as cornerstone of an international carbon market under the Paris Agreement. – A summary of open key issues regarding the implementation of Article 6 and the creation of functioning international carbon markets. Perspectives developed a set of recommendations for engaging effectively with Article 6 piloting and implementation for engaging effectively with Article 6 piloting and implementation.