Carbon Market Watch inputs to the Article 6.4 Supervisory Body ahead of its 8th meeting: methodological requirements
Summary
The document proposes detailed amendments to version 8.0 of the draft recommendation on methodological requirements for the Article 6.4 mechanism. Carbon Market Watch advocates for stronger, mandatory language (changing 'should' to 'shall'), the reintroduction of safeguards to prevent the locking-in of carbon-intensive practices, and more rigorous additionality and baseline-setting standards to ensure the mechanism encourages genuine climate ambition.
Key insights
- Carbon Market Watch proposes strengthening the language of methodology principles by changing non-binding terms like "should" to mandatory "shall" in several sections, including those related to the use of up-to-date scientific information and the periodic review of positive lists.
- The organization argues for the reintroduction of requirements to ensure that crediting levels do not exceed the expected contribution of a sector or prejudice a host Party's ability to meet its goals, and that methodologies must avoid creating "perverse incentives" or locking in carbon-intensive practices.
- Regarding baseline-setting, the document recommends that the Supervisory Body develop mandatory "requirements" rather than just "guidance" and suggests that the Supervisory Body should develop default downward adjustment factors.
- Carbon Market Watch suggests a more rigorous approach to additionality, proposing that regulatory analysis must establish that no legal requirements "in effect or set to take effect" would motivate the activity's implementation, and that crediting should cease once such legal requirements take effect.
- The submission proposes the introduction of "negative lists" of technologies that are not considered additional and cannot be registered under the 6.4 mechanism in a host Party.
- The document recommends that the Supervisory Body delete proposed "Approach/Method A" and "Approach/Method C" for addressing RMP elements, arguing that Method A is too general and Method C contains general guidance rather than concrete requirements.
Cite the original document
- APA
- Carbon Market Watch (2023). Carbon Market Watch inputs to the Article 6.4 Supervisory Body ahead of its 8th meeting: methodological requirements. https://carbonmarketwatch.org/wp-content/uploads/2023/10/2023-10_CMW-inputs-to-A6.4SB-on-methodological-requirements-ahead-of-8th-meeting.pdf
- Chicago
- Carbon Market Watch. Carbon Market Watch inputs to the Article 6.4 Supervisory Body ahead of its 8th meeting: methodological requirements. 2023. https://carbonmarketwatch.org/wp-content/uploads/2023/10/2023-10_CMW-inputs-to-A6.4SB-on-methodological-requirements-ahead-of-8th-meeting.pdf.
- Wikipedia
- {{cite press release |author=Carbon Market Watch |title=Carbon Market Watch inputs to the Article 6.4 Supervisory Body ahead of its 8th meeting: methodological requirements |date=24 October 2023 |url=https://carbonmarketwatch.org/wp-content/uploads/2023/10/2023-10_CMW-inputs-to-A6.4SB-on-methodological-requirements-ahead-of-8th-meeting.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{carbonmarketwatch2023carbon, author = {{Carbon Market Watch}}, title = {{Carbon Market Watch inputs to the Article 6.4 Supervisory Body ahead of its 8th meeting: methodological requirements}}, publisher = {Carbon Market Watch}, year = {2023}, month = oct, url = {https://carbonmarketwatch.org/wp-content/uploads/2023/10/2023-10_CMW-inputs-to-A6.4SB-on-methodological-requirements-ahead-of-8th-meeting.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated