High integrity is at the core of UNDP’s existing carbon markets portfolio, but there is still much more to be done and efforts to be scaled up.This document first defines high integrity and the strategic context in which this initiative is being launched. The vision, mission, and expected strategic outcomes are presented followed by the initiative’s four offers. The first offer, on readiness, supports the development of carbon markets access strategies based on countries’ Nationally De￾termined Contribution (NDC) and existing carbon markets engagement. The second offer presents UNDP’s support to countries on Article 6, and the third focuses on voluntary carbon markets implemented at the jurisdictional level. The fourth offer focuses on domestic carbon markets and emission trading schemes. All four offers will be implemented following the high-integrity guardrails which is also discussed. The final section outlines the next steps for the operationalization of this initiative. Through its launch, UNDP invites further engage￾ment and dialogue with current and prospective partners working towards common goals, to identify opportunities to collaborate and ensure synergies, enabling a greater positive impact.