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Summary and key findings insummary:"conflict of interest"
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  • This briefing by Zero Carbon Analytics examines the status and challenges of Article 6 (A6) of the Paris Agreement leading into and during COP29. It details the three mechanisms for international climate cooperation: Article 6.2 (bilateral trading), Article 6.4 (a UN-governed global market), and Article 6.8 (non-market approaches). The document highlights critical integrity concerns, including the risk of double counting, the lack of transparency in bilateral deals, and the controversy surrounding the use of REDD+ activities and emissions avoidance credits. It specifically notes that operational standards for A6.4 were adopted on the first day of COP29, a move criticized by some observers for lacking transparency.

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    Themes: carbon marketsparis agreementcop29nature-based solutionsredd+
    +1 more
    emissions offsetting
    Zero Carbon Analytics

    Document type: Briefing

    Regions: Baku
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