Les marchés carbone à la CCNUCC - la COP26 et l’Article 6

The document critiques the negotiations surrounding Article 6 of the Paris Agreement, specifically the market-based approaches of Articles 6.2 and 6.4. It argues that carbon markets are incompatible with the 1.5°C goal and serve as a tool for developed nations and fossil fuel companies to avoid direct emission reductions. The author highlights technical risks such as double counting and the lack of a legal mandate for demand, while advocating for non-market approaches under Article 6.8 and direct public climate finance from the Global North to the Global South.

• Carbon markets are characterized as a mechanism for climate inaction, allowing fossil fuel companies and Northern governments to maintain an economy based on fossil fuels rather than pursuing direct emission reductions.
• Article 6.2 establishes a framework for trading 'internationally transferred mitigation outcomes' (ITMOs), but it lacks legally binding targets, which the document argues removes the fundamental reason for establishing such a market.
• Significant technical disputes persist regarding Article 6.2, including how to prevent 'double counting' of credits and how to implement 'corresponding adjustments' to ensure emissions do not increase beyond Nationally Determined Contributions (NDCs).
• Article 6.4 seeks to create a mechanism to succeed the Kyoto Protocol's Clean Development Mechanism (CDM), but the document warns that a compromise on this could lead to emissions higher than those planned in existing CDMs.
• The document advocates for Article 6.8, which focuses on non-market cooperative approaches that integrate adaptation, mitigation, and poverty eradication, though it notes developed countries have blocked its rapid implementation to avoid increasing financial support.
• There is a divide among developed nations: the EU seeks strong rules to protect environmental integrity and align with its own emissions trading system, while the US and others push for greater flexibility.

APA

Stabinsky, D. (2021). Les marchés carbone à la CCNUCC - la COP26 et l’Article 6. Friends of the Earth International. https://www.foei.org/wp-content/uploads/2021/11/Marches-du-carbone-COP26.pdf

Chicago

Stabinsky, Doreen. Les marchés carbone à la CCNUCC - la COP26 et l’Article 6. Friends of the Earth International, 2021. https://www.foei.org/wp-content/uploads/2021/11/Marches-du-carbone-COP26.pdf.

Wikipedia

{{cite report |last1=Stabinsky |first1=Doreen |title=Les marchés carbone à la CCNUCC - la COP26 et l’Article 6 |publisher=Friends of the Earth International |date=October 2021 |url=https://www.foei.org/wp-content/uploads/2021/11/Marches-du-carbone-COP26.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{stabinsky2021les, author = {Stabinsky, Doreen}, title = {{Les marchés carbone à la CCNUCC - la COP26 et l’Article 6}}, institution = {Friends of the Earth International}, year = {2021}, month = oct, url = {https://www.foei.org/wp-content/uploads/2021/11/Marches-du-carbone-COP26.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }