Setting crediting baselines under Article 6 of the Paris Agreement
Our new discussion paper, with inputs from and for the Carbon Market Mechanisms Working Group, explores the ongoing discussions around setting crediting baselines for Article 6 market-based cooperation while securing NDC achievement and aligning carbon markets with long-term decarbonisation pathways. The authors identify opportunities for high environmental integrity but also challenges on the trade-off between dynamic baseline setting and investment security.
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