Bilateral UN carbon market under scrutiny

The UNFCCC’s technical reviews of initial reports from 23 nations active under Article 6.2 revealed significant inconsistencies, triggering a debate over environmental integrity. Major issues included non-conservative baselines, non-permanence risks, and misalignment with national NDCs.
While the EU pushed for closer alignment with stricter Article 6.4 rules to resolve these gaps, frontrunners defended the market’s flexibility. Switzerland highlighted its project-by-project methodologies, while Japan rejected alignment, trusting its Joint Crediting Mechanism’s baseline.
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