Carbon Market Watch welcomes the opportunity to provide inputs to the Supervisory Body on the requirements for the development and assessment of mechanism methodologies.
Noting that the Supervisory Body aims to finalise its draft recommendations on the requirements for mechanism methodologies at SB007 (11-14 September 2023), we would underscore that at this initial stage, the SB should take a step back to consider the broader implications of what these requirements must deliver in the context of the Paris Agreement. Our inputs respond to selected questions from the list (italicised in the document), focusing in some cases on the wider implications of the requirements.