COP 26 in Glasgow adopted the rulebook for Article 6 activities. A recent Carbon Mechanisms Research Paper takes in-depth look at the implications of the Glasgow decisions for the voluntary carbon market segment. The paper further analyses the needs for strategic decisions and alignment with the Art. 6 rulebook for different stakeholders, from activity proponents and suppliers, to Buyers and credit users, host countries as well as private certification standards.
Update on Market Mechanisms in the Latest NDC Submission
The research paper examines how Parties position themselves on market mechanisms in the latest NDCs. Article 6 of the Paris Agreement establishes two approaches for market-based cooperation in the context of NDC attainment.