COP27: Negotiators sign off text on UN carbon market rules that defers much to next year

Published 07:21 on November 19, 2022  /  Last updated at 12:10 on November 23, 2022  /  Climate Talks, International, Kyoto Mechanisms, Nature-based, Paris Article 6  /  No Comments

Government officials adopted text on UN carbon markets on Saturday afternoon and the documents were subsequently adopted by the full COP27 in Sharm el-Sheikh, with negotiators deferring many battles until next year.

(Clarifies wording on the adopted nature of confidentiality for emissions transfers in paragraph 5, updates throughout)

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