Background The CMA Decision 3/CMA.3 contains the rules, modalities and procedures for the running of the market-based mechanism of Article 6.4. The mechanism replicates many of the features of the Clean Development Mechanism under the Kyoto Protocol, but it also comes with new requirements and possibilities, given the different context of the Paris …

A schematic representation of the “activity cycle” that an activity must go through under the rules, modalities and procedures of Article 6.4 of the Paris Agreement in order to be issued with “Article 6, paragraph 4, emission reductions”. *Digital version of the diagram includes live links to relevant pages of Decision 3/CMA.3* …

Please clarify what are the legal implications for the use of KP units (CERs) post-2020, assuming the Doha amendment never enters into force. Summary The CDM can continue to function in the absence of a new commitment period under the KP and it can be transitioned under the following scenarios: 1) the market-based mechanisms of […]

Can you provide a summary of the latest developments on Article 6.2 and 6.4, Paris Agreement. Advice: The work under Article 6 was one of the few parts of the Paris rulebook that was not completed at Katowice. It was hoped that agreement on final texts could be reached at SBSTA 50, but this was […]

Will the Clean Development Mechanism (‘CDM’) continue to function post 2020 (i.e. can parties submit new projects after 2020) or will it cease to exist? Advice: Executive summary There is much uncertainty about the future activities of the CDM. It appears that the CDM will continue to function after 2020, but the scope of its […]