The Article 6.4 Supervisory Body aims to adopt the sustainable development (SD) tool at its next meeting in September/October. This tool is the main instrument to safeguard environmental, ecological and human rights, including the rights of Indigenous People.
The latest round of UN climate negotiations in Bonn has laid the groundwork for the power players to finally agree at COP29 on transparency and wider quality issues of Article 6 carbon markets. Our CMW team reports.
Carbon Market Watch has prepared a set of recommendations for Article 6 negotiators ahead of the UNFCCC climate change conference taking place in Bonn from 3-13 June 2024 (SB 60).
Carbon Market Watch has prepared a set of recommendations for Article 6 negotiators ahead of the UNFCCC climate change conference taking place in Bonn from 3-13 June 2024 (SB 60).
Torn between countries demanding that Article 6 carbon markets be available with virtually no restrictions and countries insisting on upholding transparency, human rights, and climate ambition, negotiators at COP28 failed to break the deadlock. With all the unresolved problematic issues, the fact that they reached no deal was better than agreeing to a bad one that would torpedo the Paris Agreement.
Despite the wishful thinking of champions of carbon offsetting at COP28, the voluntary carbon market will only play a role in tackling the climate crisis with stricter standards and greater transparency.
Carbon removals are again on the negotiating table at COP28 in Dubai. And, again, the text is inadequate.
Carbon Market Watch will be at this year’s climate change conference (COP28) in Dubai to demand, along with civil society allies, that major polluters speed up their decarbonisation and turn back the dial on accelerating global heating.
If the country-to-country carbon market established under Article 6.2 of the Paris Agreement is to have any credibility, negotiators meeting at the UN intersessional climate conference in Bonn must agree on the fine print that prevents double counting, abandons secrecy and promotes accountability.
Prepared for the Bonn Climate Change Conference 5-15 June 2023 Carbon Market Watch welcomes the opportunity to provide input to the discussions on matters relating to Article 6.2 (plus one in 6.4) of the Paris Agreement ahead of the UNFCCC’s 58th session of the subsidiary bodies. Sequencing and timing ● A step-wise process consisting of clearly …
Read more “Recommendations for the key topics under Article 6 of the Paris Agreement ”