COP24: Failed Article 6 text offers glimpse of Paris-era emission trade
Governments will in early 2020 revisit negotiations for rules covering international emissions trade, recycling much of last week’s failed Paris Agreement Article 6 text that gave wide scope for cross-border dealing.
Read MoreBRIEFING – COP24: International emissions trading pilots for the Paris era
A handful of governments and institutions are working to advance international emissions trading activities even as the rules remain unclear as to how those initiatives can be used to help meet the Paris Agreement.
Read MoreCOP24: Divisive Article 6 talks pushed to next COP as nations agree Paris rulebook
Negotiators in Katowice reached agreement on a Paris rulebook late Saturday night, but Article 6 left a gaping hole as a decision on carbon markets was left for the next major round of negotiations in Chile.
Read MoreCOP24: Article 6 talks face postponement to avoid collapse of Paris rulebook -sources
Governments look set to resume talks next year on a framework for international emissions trade under the Paris Agreement’s Article 6, as negotiators seek to postpone the issue rather than risk collapsing the entire Paris rulebook, numerous sources close to the process told Carbon Pulse on Saturday.
Read MoreCOP24: Roundup for Dec. 14, 2018
Numerous delays from ongoing Paris rulebook negotiations have pushed the culmination of the UN climate summit past its scheduled conclusion on Friday, with talks slated to go at least through Saturday morning.
Read MoreUPDATE – COP24: Chile to host next UN climate summit in Jan. 2020 after Brazil withdrawal
Chile has been named as the location of the next UN climate summit after Brazil withdrew its offer to host.
Read MoreCOP24: Negotiators risk Paris Agreement integrity in effort to clinch Article 6 market deal
A new global carbon market mechanism under the Paris Agreement’s Article 6 risks undermining the landmark climate treaty if negotiators fail to remove a provision in the draft text, observers said Friday.
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