In light of the Article 6.4 negotiations at COP29 in Baku, and the possibility for the Parties to the Paris Agreement (CMA) to give further guidance on the development of the Article 6.4 carbon crediting mechanism, Carbon Market Watch has prepared recommendations on CMA’s further guidance to the Article 6.4 Supervisory Body, including specific suggestions for possible text.
Article 6 carbon markets at COP29: Carbon Market Watch’s recommendations
Article 6 is a key priority of Azerbaijan’s COP29 presidency, putting high pressure on countries to come to an agreement at the upcoming climate summit.