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Best available technology and benchmark baseline setting under the Article 6.4 mechanism

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Publication Date: 08-2021

This study, commissioned by the Swedish Energy Agency, analyses lessons learned and explores benefits and challenges of applying benchmarks derived from “best available technology” assessments in international market-based cooperation. While there is limited experience in international carbon markets, it is proposed as a baseline setting approach for the Article 6.4 mechanism to increase the mitigation ambition of the mechanism and the share of mitigation that is retained by the host country.

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