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New Oeko Institut study examines options to adress single-year target challenges

Averaging or multi-year accounting?

This research paper analyses and evaluates options addressing the challenges which single-year targets present if countries use international carbon markets to achieve their Nationally Determined Contributions (NDCs) under the Paris Agreement. The paper assesses the environmental integrity implications of the two main options – averaging and multi-year approaches – for accounting for internationally transferred mitigation outcomes (ITMOs) under Article 6 of the Paris Agreement.

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