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Moving towards next generation carbon markets: observations from Article 6 pilots


Greiner, Sandra; Chagas, Thiago; Krämer, Nicole; Michaelowa, Axel; Brescia, Dario; Hoch, Stephan (2019). Moving towards next generation carbon markets: observations from Article 6 pilots. Freiburg: Perspectives.

Abstract

Following the positive response from readers, the study has been updated to reflect the dynamic process made in operationalizing Article 6. It contains additional information and highlights ongoing developments in Article 6 pilot activities supported through bilateral channels, regional organizations and multilateral development banks. The authors analyse emerging trends and early experience with Article 6 implementation and look particularly at how the pilots are responding to the new challenges posed by the Paris Agreement. This includes a discussion of the stronger role of governments in Article 6 cooperation, the relationship with NDC commitments, e.g. for challenges related to determining additionality and baselines, the need for tracking and accounting of ITMOs, sustainable development impacts and overall mitigation in global emissions.

Abstract

Following the positive response from readers, the study has been updated to reflect the dynamic process made in operationalizing Article 6. It contains additional information and highlights ongoing developments in Article 6 pilot activities supported through bilateral channels, regional organizations and multilateral development banks. The authors analyse emerging trends and early experience with Article 6 implementation and look particularly at how the pilots are responding to the new challenges posed by the Paris Agreement. This includes a discussion of the stronger role of governments in Article 6 cooperation, the relationship with NDC commitments, e.g. for challenges related to determining additionality and baselines, the need for tracking and accounting of ITMOs, sustainable development impacts and overall mitigation in global emissions.

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Additional indexing

Contributors:Hunzai, Tobias, Espelage, Aglaja, Gilde, Lieke't, Shisholov, Igro, Bofill, Patricio
Item Type:Published Research Report
Communities & Collections:06 Faculty of Arts > Institute of Political Science
Dewey Decimal Classification:320 Political science
Language:English
Date:3 June 2019
Deposited On:15 Oct 2019 08:53
Last Modified:18 Oct 2019 15:27
Publisher:Perspectives
Number of Pages:103
Additional Information:The Climate Finance Innovators’ Project is coordinated by Perspectives Climate Group in close coordination with Climate Focus, AERA Group, Carbon Africa Limited, Afrique Energie Environnement (AEE) and South South North.
OA Status:Green
Official URL:https://www.climatefinanceinnovators.com/wp-content/uploads/2019/06/Moving-toward-next-generation-carbon-markets_update-june-2019-1.pdf
Related URLs:https://www.climatefinanceinnovators.com/publication/operationalizing-the-share-of-proceeds-for-article-6/ (Organisation)

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