Project description

The Paris Agreement requires from all signatory states to contribute to mitigation – in con­trast to the Kyoto Protocol, under which only industrialized countries had concrete emission reduction targets. To achieve their targets, states can cooperate with each oth­er: Article 6 of the Paris Agreement creates the basis for market mechanisms so that countries can cooperate to achieve their Nationally Determined Contributions (NDCs).

With support from the Swedish Energy Agency, an international research team from Car­bon Limits, INFRAS, SEI and Oeko Institute analyzed the risk of overselling under Arti­cle 6 of the Paris Agreement. The study focuses on the risk that transferring countries sell too many emission reductions and consequently miss their own targets, as the re­main­ing reduction measures are too costly.

Carbon Limits and its project partners presented the results of the study in a webinar. The recording of the webinar can be found here (see also slides).