COP28: Nations cite irreconcilable differences on int’l carbon trade rules after “lead balloon” draft UN text

Published 07:52 on December 10, 2023  /  Last updated at 08:16 on December 10, 2023  / Roy Manuell /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, US, Voluntary

Country negotiators on international carbon trade rules under Article 6 have run into trouble amid what they say is a toxic atmosphere at COP28, with a "bare bones" draft text published late on Saturday angering several parties, and time reportedly being wasted on theoretical issues rather than ensuring key safeguards and important technicalities are defined.
Country negotiators on international carbon trade rules under Article 6 have run into trouble amid what they say is a toxic atmosphere at COP28, with a "bare bones" draft text published late on Saturday angering several parties, and time reportedly being wasted on theoretical issues rather than ensuring key safeguards and important technicalities are defined.


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