This report contains the results from a python analysis of the Programme of Activities (PoA) 10471, a cookstove projectm transitioning to the Paris Agreement Crediting Mechanism (PACM) under Article 6.4 of the Paris Agreement.
Carbon Market Watch submitted this during the global stakeholder consultation of the proposed ‘Comprehensive Lowered Emission Assessment and Reporting (CLEAR) Methodology for Cooking Energy Transitions’ under Article 6.4. The CLEAR methodology is a step in the right direction for clean cookstove methodologies but it still contains shortcomings which must be addressed. Failure to tackle these issues risks perpetuating the pervasive overcrediting linked to many existing cookstove methodologies.
A new report reveals that cookstove carbon projects eligible for the Korean Emissions Trading System are at risk of issuing 18 times more credits than they should, echoing past EU carbon market mistakes