As Carbon Market Watch prepares to attend the COP27 climate conference in Sharm el-Sheikh, we urge the international community to commit to far more ambitious climate action. Negotiators must design effective and fair carbon markets under Article 6 that complement rather than replace rapid and massive emissions reductions. The COP27 climate conference in Sharm el-Sheikh (6-18 November …
The rules governing carbon markets agreed at the COP26 in Glasgow need to be translated into functioning and effective mechanisms at COP27 in Sharm el-Sheikh. This handy Carbon Market Watch guide explains Article 6 of the Paris Agreement, how it works and main the issues at stake.
A summary of CMW’s recommendations concerning key Article 6 topics on which SBSTA and the Article 6.4 Supervisory Body are mandated to provide recommendations/guidance for adoption by the CMA at COP27.
The new body tasked with designing and supervising the global carbon market under the Paris Agreement must put in place environmental safeguards and protect the interests of local and indigenous communities.
The conclusions on Article 6.4 from Subsidiary Body for Scientific and Technological Advice (SBSTA 56) invited observer organisations to make submissions on “any of the elements referred to in decision 3/CMA.3, paragraph 7, for consideration by the SBSTA.” Carbon Market Watch welcomed the opportunity to share our views on Article 6.4 with negotiators. This document …
The conclusions on Article 6.2 from Subsidiary Body for Scientific and Technological Advice (SBSTA 56) invited observer organisations to make submissions on “any of the elements referred to in paragraphs 3, 6, 7 and 10 of decision 2/CMA.3 for consideration by the SBSTA.” Carbon Market Watch welcomed the opportunity to share our views on Article …
Two weeks of negotiations show governments are keen to get global carbon market mechanisms up and running, but much work lies ahead to ensure transparency, environmental integrity and respect for human rights.
Negotiators must prioritise human rights, transparency and environmental integrity as they hammer out the framework for carbon markets under Article 6 of the Paris Agreement.
This note presents recommendations on key points1 in Articles 6.2 and 6.4 up for negotiation during the UNFCCC’s 56th session of the subsidiary bodies (SB 56) from 6 to 16 June 2022 in Bonn, Germany. As a general note, while the main rules for the operation of market mechanisms in the Paris Agreement were agreed …
Read more “Carbon Market Watch recommendations to Article 6 negotiators for SB 56”
This note presents recommendations for consideration by Article 6 negotiators during the UNFCCC’s 56th session of the subsidiary bodies (SB 56) and beyond. The recommendations concern removals and permanence in the context of the Article 6.2 and 6.4 mechanisms. It is expected that this first set of recommendations will be further elaborated depending on how …
Read more “Carbon Market Watch recommendations to Article 6 negotiators on removals”
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