Perspectives Climate Group

Publications >>

Dynamic “Ambition coefficient” to make baselines for international carbon markets consistent with long term Paris Agreement targets

Publication Overview

Publication Date: 03-2021

The discussion how to make baseline setting for international carbon markets consistent with the long-term ambition of the Paris Agreement is playing an important role in the negotiations about Article 6 rules. We propose using an “ambition coefficient” to be applied to baseline methodologies developed under the Clean Development Mechanism (CDM) under Article 6. The coefficient would decline over time – it starts at 100% and falls to 0 in the year when the host country of the activity needs to attain net zero emissions.

Authors
View Similar publications
Share this Publication via
Stay updated
Business is changing as rapidly as the climate. Subscribe to our newsletter to stay up to date on both.