Catalina Cecchi Hucke Archives - Center for Climate and Energy Solutions https://www.c2es.org/profile/catalina_cecchi_hucke/ Our mission is to secure a safe and stable climate by accelerating the global transition to net-zero greenhouse gas emissions and a thriving, just, and resilient economy. Thu, 08 Dec 2022 16:29:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 https://www.c2es.org/wp-content/uploads/2017/10/cropped-C2ESfavicon-32x32.png Catalina Cecchi Hucke Archives - Center for Climate and Energy Solutions https://www.c2es.org/profile/catalina_cecchi_hucke/ 32 32 What does the COP26 Outcome on Article 6 Mean for Non-Party Stakeholders? https://www.c2es.org/document/what-does-the-cop26-outcome-on-article-6-mean-for-non-party-stakeholders/ Fri, 28 Oct 2022 15:08:13 +0000 https://www.c2es.org/?post_type=document&p=15631 Article 6 of the Paris Agreement established a framework for countries to cooperate in achieving their climate commitments (nationally determined contributions, NDCs), using market mechanisms to enable greater ambition than they could achieve independently. The Paris Agreement implementing guidance finalized at COP26 in Glasgow provides direction to countries that transfer emissions reductions under Article 6. […]

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Article 6 of the Paris Agreement established a framework for countries to cooperate in achieving their climate commitments (nationally determined contributions, NDCs), using market mechanisms to enable greater ambition than they could achieve independently. The Paris Agreement implementing guidance finalized at COP26 in Glasgow provides direction to countries that transfer emissions reductions under Article 6. This paper explains that COP26 outcome and its relevance for companies and other non-Party stakeholders (NPS). In particular, the paper provides a detailed analysis of the atmospheric impact (that is, the net effect on emissions reductions) of the international transfer and use of voluntary carbon credits by NPS, whether under Article 6 or independently of it. It also describes efforts underway to ensure the environmental integrity of the voluntary carbon market, including the Voluntary Carbon Markets Integrity initiative (VCMI) and the Integrity Council for the Voluntary Carbon Market (IC-VCM), as well as broader considerations around engaging in the VCM and carbon credits’ authorization under Article 6.

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COP27: The Mitigation Work Programme & The Ministerial Roundtable https://www.c2es.org/document/cop27-the-mitigation-work-programme-the-ministerial-roundtable/ Mon, 24 Oct 2022 04:01:21 +0000 https://www.c2es.org/?post_type=document&p=15570 To be most effective, the Mitigation Work Programme (MWP) could usefully aim to:  generate discussions that are facilitative, constructive, innovative, and catalytic  be inclusive and ensure a diversity of participation, including by policymakers and implementers  generate clear signals in support of national processes and be of practical use to domestic policymaking  explore, elucidate, and highlight […]

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To be most effective, the Mitigation Work Programme (MWP) could usefully aim to: 
  • generate discussions that are facilitative, constructive, innovative, and catalytic 
  • be inclusive and ensure a diversity of participation, including by policymakers and implementers 
  • generate clear signals in support of national processes and be of practical use to domestic policymaking 
  • explore, elucidate, and highlight the greatest, most cost-effective and scalable mitigation opportunities/ potential, as well as enable practical pathways to help countries implement their Nationally Determined Contributions (NDCs) and identify scope for enhanced action, including by: 
    • hosting thematic workshops 
    • sharing best practices and lessons learned, including in relation to overcoming challenges to scaling and implementing enhanced mitigation action, also encompassing a focus on non-cost barriers 
    • considering sectoral approaches 
    • effectively involving non-Party stakeholders (NPS) and the High Level Climate Champions (HLCs) and drawing on their work (e.g., Climate Action Pathways and 2030 Breakthroughs) 
    • considering a regional approach 
    • developing a menu of exemplar best practices and approaches 
  • track progress against commitments made by Parties and NPS outside of formal multilateral process and explore how they might form part of NDC updates 
  • address issues of equity and sustainable development 
  • explore synergies with adaptation 
  • take into account and be based on the latest science 
  • involve external expertise, as appropriate 

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What does the COP26 outcome on Article 6 mean for non-Party stakeholders? https://www.c2es.org/2022/04/what-does-the-cop26-outcome-on-article-6-mean-for-non-party-stakeholders/ https://www.c2es.org/2022/04/what-does-the-cop26-outcome-on-article-6-mean-for-non-party-stakeholders/#respond Wed, 13 Apr 2022 18:05:02 +0000 https://www.c2es.org/?p=14856 The post What does the COP26 outcome on Article 6 mean for non-Party stakeholders? appeared first on Center for Climate and Energy Solutions.

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Article 6: Issues for COP26 https://www.c2es.org/document/article-6-issues-for-cop26/ Fri, 29 Oct 2021 15:31:44 +0000 https://www.c2es.org/?post_type=document&p=13887 A majority of Parties with new or enhanced NDCs anticipate using voluntary cooperation under Article 6 of the Paris Agreement to achieve their NDCs. After Parties were unable to come to an agreement on carbon market rules in Madrid, international emissions trading will again be in the spotlight at COP26 in Glasgow.  This paper provides […]

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A majority of Parties with new or enhanced NDCs anticipate using voluntary cooperation under Article 6 of the Paris Agreement to achieve their NDCs. After Parties were unable to come to an agreement on carbon market rules in Madrid, international emissions trading will again be in the spotlight at COP26 in Glasgow. 

This paper provides context on the current state of discussions on the unresolved issues in the negotiations and poses questions to consider in order to operationalize Article 6 at COP26. 

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