Carbon Market Watch recommendations for Article 6 of the Paris Agreement

Carbon Market Watch outlines recommendations for the three frameworks under Article 6 of the Paris Agreement: cooperative approaches, the Sustainable Development Mechanism (SDM), and non-market mechanisms. The organization emphasizes the need for robust accounting to prevent double counting, the integration of human rights safeguards, and the use of the SDM for results-based finance and transformational change.

• For cooperative approaches under Article 6 (1-3), Carbon Market Watch recommends establishing robust accounting rules to prevent double counting and the trading of "hot air" (bogus pollution permits), while ensuring that the principle of supplementarity is upheld so Parties prioritize domestic emission reductions over buying compliance.
• The Sustainable Development Mechanism (SDM) under Article 6 (4-7) should be designed as a tool for results-based finance that avoids perverse incentives and contributes to transformational change. It requires a robust oversight body, an institutional grievance process, and a share of proceeds to fund adaptation measures for vulnerable countries.
• The SDM must improve upon the Clean Development Mechanism (CDM) by incorporating strong provisions for human rights obligations and developing effective criteria to evaluate co-benefits and sustainable development.
• The framework for non-market mechanisms under Article 6 (8-9) should be utilized to channel climate finance in a measurable, reportable, and verifiable manner, and to facilitate technology transfer and capacity-building for both mitigation and adaptation.

APA

Carbon Market Watch (2017). Carbon Market Watch recommendations for Article 6 of the Paris Agreement. https://carbonmarketwatch.org/wp-content/uploads/2017/05/CMW_ReccsArt6SBSTA_46_2017.pdf

Chicago

Carbon Market Watch. Carbon Market Watch recommendations for Article 6 of the Paris Agreement. 2017. https://carbonmarketwatch.org/wp-content/uploads/2017/05/CMW_ReccsArt6SBSTA_46_2017.pdf.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=Carbon Market Watch recommendations for Article 6 of the Paris Agreement |date=May 2017 |url=https://carbonmarketwatch.org/wp-content/uploads/2017/05/CMW_ReccsArt6SBSTA_46_2017.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatch2017carbon, author = {{Carbon Market Watch}}, title = {{Carbon Market Watch recommendations for Article 6 of the Paris Agreement}}, publisher = {Carbon Market Watch}, year = {2017}, month = may, url = {https://carbonmarketwatch.org/wp-content/uploads/2017/05/CMW_ReccsArt6SBSTA_46_2017.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }