Africa > COP28: PREVIEW – Article 6 negotiations to focus on technicalities of international carbon trade

COP28: PREVIEW – Article 6 negotiations to focus on technicalities of international carbon trade

Published 16:59 on November 28, 2023  /  Last updated at 22:30 on November 28, 2023  / Roy Manuell /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Middle East, Nature-based, Other APAC, Paris Article 6, South & Central, US, Voluntary

With the UN body mandated to shape the carbon crediting mechanism under Article 6 of the Paris Agreement having already produced its final recommendations, the focus on markets in negotiations at COP28 will be on finalising technical details relating to the international trade of units, such as determining the rules around national authorisation of transactions, the transparency of reporting, and establishing safeguards for the mechanism.
With the UN body mandated to shape the carbon crediting mechanism under Article 6 of the Paris Agreement having already produced its final recommendations, the focus on markets in negotiations at COP28 will be on finalising technical details relating to the international trade of units, such as determining the rules around national authorisation of transactions, the transparency of reporting, and establishing safeguards for the mechanism.


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