Article 6 of the Paris Agreement established three approaches for countries to cooperate with each other: cooperative approaches, a new mechanism to promote mitigation and sustainable development (“sustainable development mechanism”), and a framework for non-market approaches. However, while the “sustainable development mechanism” seems familiar as its principles strongly resemble the Kyoto Protocol’s Clean Development Mechanism (CDM), the other two approaches have so far not been clearly defined conceptually. The latest JIKO Policy Paper summarizes the views by Parties and observes that were submitted at the end of September and reveals some sharp differences in opinions on how Art. 6 should work.
Obergassel, W.: Shaping the Paris Mechanisms - A Summary of Submissions on Article 6 of the Paris Agreement. JIKO Policy Paper 04/2016. Wuppertal Institute for Climate, Environment and Energy. Wuppertal - 34 p. URL: www.carbon-mechanisms.de/en/Art_6_submissions
Date: November 2016
Type: Policy Paper