Carbon Markets
Carbon markets are dealt with under Article 6 of the Paris Agreement. Two important parts of Article 6 are: o Article 6.2—Internationally Transferred Mitigation Outcomes o Article 6.4—Sustainable Development Mechanism. Rules and guidelines under Article 6 were supposed to be finalized by 2018 Conference of the Parties (COP24) in Katowice, along with the broader ‘Paris Rulebook’. It did not happen. Rules and guidelines on markets are now expected to be finalized in Madrid this December (COP25).
Related Content
- Assessing the scale of zero-emission truck deployment required for meeting India’s net-zero goal
- Double trouble? assessing climate physical and transition risks for the Moroccan banking sector
- Navigating carbon pricing: the G20 experience and Global South prospects
- Pricing forest carbon
- A synthesis report: carbon pricing approaches in West Africa
- Blended finance: key to bridging energy transition gap in developing countries