Carbon Market Watch's briefing note for the June 2019 Bonn UNFCCC session
Summary
The briefing argues that Article 6 of the Paris Agreement must implement strong accounting rules to prevent double counting of emission reductions, particularly between national mitigation objectives (NDCs) and the CORSIA aviation scheme. It advocates for phasing out 'pure offsetting' in favor of overall emission reductions and warns against the use of old Kyoto Protocol credits after 2020. Additionally, the document emphasizes the need for local stakeholder involvement and independent grievance mechanisms to prevent the human rights violations seen under the Clean Development Mechanism (CDM).
Key insights
- There is a risk that emission reductions could be double-counted toward multiple climate commitments, such as both national mitigation objectives (NDCs) and the CORSIA aviation offsetting scheme, which would weaken efforts to address the climate crisis.
- Pure offsetting is considered incompatible with the Paris Agreement; the document argues that Article 6 should phase out offsetting by requiring the cancellation of some credits to ensure a net reduction in overall emissions.
- The use of old Kyoto Protocol credits after 2020 is opposed due to their low cost and questionable environmental and social integrity. Furthermore, the document calls for the inclusion of local stakeholders and independent grievance mechanisms in Article 6 projects to avoid the human rights violations associated with the Clean Development Mechanism (CDM).
Cite the original document
- APA
- Carbon Market Watch (2019). Carbon Market Watch's briefing note for the June 2019 Bonn UNFCCC session. https://carbonmarketwatch.org/publications/carbon-market-watchs-briefing-note-for-the-june-2019-bonn-unfccc-session/
- Chicago
- Carbon Market Watch. Carbon Market Watch's briefing note for the June 2019 Bonn UNFCCC session. 2019. https://carbonmarketwatch.org/publications/carbon-market-watchs-briefing-note-for-the-june-2019-bonn-unfccc-session/.
- Wikipedia
- {{cite report |author=Carbon Market Watch |title=Carbon Market Watch's briefing note for the June 2019 Bonn UNFCCC session |date=14 June 2019 |url=https://carbonmarketwatch.org/publications/carbon-market-watchs-briefing-note-for-the-june-2019-bonn-unfccc-session/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{carbonmarketwatch2019carbon, author = {{Carbon Market Watch}}, title = {{Carbon Market Watch's briefing note for the June 2019 Bonn UNFCCC session}}, institution = {Carbon Market Watch}, year = {2019}, month = jun, url = {https://carbonmarketwatch.org/publications/carbon-market-watchs-briefing-note-for-the-june-2019-bonn-unfccc-session/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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