Analysis of options for OMGE, SoP and CDM transition
Rules for the implementation of Article 6 of the Paris Agreement are still under negotiation at the international level, with a key focus on reaching consensus at COP26 in Glasgow. This project sheds light on the potential impacts of this policy making process through a combination of qualitative and quantitative analysis. It explores three key issues that are closely interrelated and that have potential to impact the global net emission reductions achieved through Article 6 as well as the amount of revenues generated to help meet the adaptation needs of particularly vulnerable developing countries.
NewClimate collaborated on the research with partners at Climate Analytics and Öko-Institut. The project responded to a request of the Group of Least Developed Countries and was supported with a grant from the United Kingdom Department of Business, Energy and Industrial Strategy (BEIS).
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