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Published byAnnabelle Barber Modified over 6 years ago
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Robust accounting in Article 6 Avoiding double counting in international carbon markets
Gilles Dufrasne, Carbon Market Watch Africa Carbon Forum 2018 April 13th 2018
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Kyoto Vs. Paris Kyoto Protocol (end 2020) Paris Agreement (Start 2020)
Target Annex 1 countries Annex 1 countries Target No Target Non-Annex 1 countries Non-Annex 1 countries Article 6 of the Paris Agreement establishes market mechanisms, to « allow for higher ambition » (6.1) and « deliver an overall mitigation in global emissions » (6.4)
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Avoiding double counting (1)
Abatement Abatement
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Avoiding double counting (2)
Abatement Abatement
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Perverse incentives against ambition in NDCs
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Avoiding double counting outside of NDCs
Use of credits outside of NDC commitment must be monitored and be subject to the same corresponding adjustments for the issuing country! Note: Countries are represented for demonstrative purposes only.
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Recommendation Avoid double counting and perverse incentives by making corresponding adjustments for the transfer of all credits
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