Carbon Market Watch inputs to the Article 6.4 Supervisory Body ahead of its 8th meeting: removals

Carbon Market Watch argues for stricter transparency, monitoring, and liability frameworks for carbon removal activities under the Article 6.4 mechanism. The organization proposes that all removal-based credits be publicly tagged, monitoring periods be extended to a minimum of 100 years, and a clear distinction be made between 'avoidable' and 'unavoidable' reversals to ensure project proponents bear appropriate financial liability. It further suggests the implementation of a minimum default risk rating for buffer pool contributions and the ability to permanently ban proponents who violate human rights or cause repeated avoidable reversals.

• Carbon Market Watch recommends that the Article 6.4 registry include public tags to distinguish whether credits are issued from removal activities or emission reductions, and to specify the expected durability and reversal risk of those removals.
• The organization proposes that monitoring for removal activities should continue for at least 100 years after the last active crediting period, followed by a further risk assessment within three years of that period's end.
• Carbon Market Watch argues that the current terminology of 'planned' versus 'unplanned' reversals is insufficient and should be replaced with a distinction between 'avoidable' and 'unavoidable' reversals to better assign responsibility for negligence.
• The document suggests that the Supervisory Body establish a minimum default risk rating for all activities, which would serve as a floor for buffer pool contributions, noting that this is already practiced by the Gold Standard and Verra.
• Regarding the remediation of reversals, Carbon Market Watch asserts that credits should always be drawn from the buffer pool, with the project proponent required to fully replenish the pool for avoidable reversals.
• The organization opposes 'direct replacement' of credits as an alternative to the buffer pool unless there is a continuous obligation for posterity, as replacement credits also face reversal risks.
• Carbon Market Watch recommends adding a provision to permanently ban project proponents from the Article 6.4 mechanism for human rights violations or repeated intentional and avoidable reversals.

APA

Carbon Market Watch (2023). Carbon Market Watch inputs to the Article 6.4 Supervisory Body ahead of its 8th meeting: removals. https://carbonmarketwatch.org/wp-content/uploads/2023/10/2023-10_CMW-inputs-to-removals-text-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: removals. 2023. https://carbonmarketwatch.org/wp-content/uploads/2023/10/2023-10_CMW-inputs-to-removals-text-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: removals |date=26 October 2023 |url=https://carbonmarketwatch.org/wp-content/uploads/2023/10/2023-10_CMW-inputs-to-removals-text-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: removals}}, publisher = {Carbon Market Watch}, year = {2023}, month = oct, url = {https://carbonmarketwatch.org/wp-content/uploads/2023/10/2023-10_CMW-inputs-to-removals-text-ahead-of-8th-meeting.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }