The paper first reflects the objectives of the new mechanism and on what the role of the mechanism as a whole should be. The paper then summarises what has already been agreed on the functioning of the mechanism and elaborates what steps will be needed to generate transferrable emission reductions under the Article 6.4 mechanism. On this basis, the paper develops criteria for how to decide what role the Body should have, and then discusses what role the Body and the other actors that are involved in the mechanism could have in each of the steps of the activity cycle.
Obergassel, W.: Governing Paris Article 6.4. What Roles and Functions for the Article 6.4 Supervisory Body? JIKO Policy Paper 06/2018. Wuppertal Institute for Climate, Environment and Energy. Wuppertal – 26 p., 3 tables. URL: www.carbon-mechanisms.de/en/body