Carbon Market Watch recommendations to Article 6 negotiators on removals

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 …

Carbon Market Watch recommendations on carbon market infrastructure for Article 6 of the Paris Agreement

This note aims to inform countries and negotiators discussing the establishment of new infrastructure under Article 6 of the Paris Agreement regarding existing shortcomings of registries and project databases that should be improved. It can also serve voluntary market actors, in particular programmes, to improve their existing platforms and remedy some of the shortcomings identified. …

FAQ: Deciphering Article 6 of the Paris Agreement

The rules governing carbon markets agreed at the COP26 in Glasgow have sparked significant interest and confusion. If you are among the perplexed, this handy Carbon Market Watch guide provides answers to frequently asked questions about Article 6 of the Paris Agreement. What is Article 6? What is the difference between the Article 6.2 and …

November editorial: A bad deal or no deal at COP26?

Dear friends, ‘No deal is better than a bad deal’ is the message which underpinned our advocacy for integrity in international carbon markets during the six years since the Paris Agreement brought fresh hope for change.  The sheer weight of self-repetition over such a long time could lead one to chalk up the compromise deal …

UN carbon markets face continued stand-off

Science and respect for human rights must be at the heart of any future rulebook After 3 weeks of technical discussions between country negotiators, little progress has been made to approach agreement on Article 6 of the Paris Agreement pertaining to carbon markets. Countries have even reinforced their stance on certain long-held positions, which in …

Carbon Market Watch Newsletter – May 2021

Time to tackle the thorny issues at UN carbon market talks  Next week, UN negotiators continue the talks on the Paris Agreement’s Article 6 which lays the foundation for future global carbon markets. It is the last open element of the so-called Paris Rulebook to implement the global climate deal. Political leaders have failed to …

Carbon Market Watch input to SBSTA on matters related to article 6 of the Paris Agreement

Views on enabling ambition in article 6 and transition of CDM activities to article 6.4 – June 2021 This submission is part of a series responding to the monthly calls from the SBSTA chair covering several aspects of Article 6. Carbon Market Watch’s overall perspective on Article 6 is accessible here. In previous submissions in …

Carbon Market Watch input to SBSTA on matters related to article 6 of the Paris Agreement

Share of proceeds for adaptation and avoiding double use of outside NDC A6.4ERs Response to the call for submissions on the above-mentioned topics by the SBSTA chair Summary Financing for Adaptation/Share of Proceeds: A share of proceeds for adaptation should be levied on both 6.2 and 6.4 transactions The share of proceeds for adaptation should …