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The future of carbon offsetting: Article 6 of the Paris Agreement explained – myclimate

Written By myclimate – The climate protection partnership on Wednesday, Sep 14, 2022 | 04:50 AM

 
In December 2015, 195 countries agreed on binding climate targets in Paris. They want to limit global warming to 1.5 degrees Celsius. Climate protection projects play a central role. These reduce CO₂ emissions and thus generate tradable CO₂ certificates. These certificates can be traded on international markets. These markets are regulated in Article 6 of the Paris Agreement. At COP26 in Glasgow in November 2021, a set of rules was adopted that provides clear guidelines for the future on how CO₂ certificates are traded. One of the aims of the set of rules is to prevent double counting of emission reductions in projects in the voluntary and mandatory market between the signatory states. STAY INFORMED: Website: https://www.myclimate.org Newsletter : https://www.myclimate.org/information/news-press/newsletter/ Instagram: https://www.instagram.com/myclimate Facebook: https://www.facebook.com/myclimate Twitter: https://www.twitter.com/myclimate LinkedIn: https:/www.linkedin.com/company/myclimate

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