title: Design options for the new international market mechanism under article 6.4 of the Paris Agreement
title: Design options for the new international market mechanism under article 6.4 of the Paris Agreement
titleType: AlternativeTitle
Creators: name: Obergassel, Wolfgang
name: Kreibich, Nico
name: Wang-Helmreich, Hanna
Publisher: name: Umweltbundesamt
Year: 2020
Subjects: subject: Paris Agreement
subject: Article 6.4
subject: carbon markets
subject: carbon traiding
subject: Offsetting
subject: Benchmarks
subject: ambition raising
subject: net-zero emissions
subject: Climate | Energy

description: Artikel 6 des Pariser Abkommens legt drei Ansätze fest, nach denen die Vertragsparteien bei der Erreichung ihrer national festgelegten Beiträge (NDCs) zusammenarbeiten. Einer dieser Ansätze ist ein neuer Mechanismus gemäß Artikel 6.4, der zur Minderung der Treibhausgasemissionen und zur Unterstützung einer nachhaltigen Entwicklung beitragen soll. Die detaillierten Regeln, Modalitäten und Verfahren zur Umsetzung des Mechanismus werden derzeit noch verhandelt. Ziel dieses Projekts war es, durch die Analyse einer Reihe von Ausgestaltungsfragen zur Entwicklung der Regelungen für den neuen Mechanismus beizutragen: - Welche Optionen existieren, um eine allgemeine Minderung der globalen Emissionen zu erreichen, wie es in Art. 6.4(d) des Pariser Abkommens vorgeschriebenen ist? - Inwieweit können Baselines auf der Grundlage von Werte für beste verfügbare Technologien(BVT) festgelegt werden? - Wie kann der neue Mechanismus genutzt werden, um die Ambition der NDCs zu erhöhen, wiein Art. 6.1 des Pariser Abkommens gefordert wird? - Welche Rolle kann der freiwillige Kohlenstoffmarkt bei der Erhöhung der Ambitionen spielen? - Welche Anreize können für private Unternehmen geschaffen werden, sich an dem neuen Mechanismus zu beteiligen? - Welche Rolle kann Artikel 6 auf dem Weg zu einer (netto) emissionsfreien Welt spielen? Im Verlauf des Projekts wurden diese Fragen und mögliche Lösungen in sechs Arbeitspapieren analysiert. Darüber hinaus wurden die wichtigsten Ergebnisse des Projekts in einem Workshop am 30. Oktober 2018 diskutiert. Der vorliegende Bericht fasst die Ergebnisse aus den Arbeitspapieren und dem Workshop zusammen und setzt sie in Beziehung zum Stand nach den Verhandlungen nach der Klimakonferenz in Madrid (CoP 25) im November 2019. Quelle: Forschungsbericht
description: Article 6 of the Paris Agreement establishes three approaches for Parties to cooperate in achieving their nationally determined contributions (NDCs). One of these approaches is a new mechanism "to contribute to the mitigation of greenhouse gas emissions and support sustainable development" (Art. 6.4(a)). The detailed rules, modalities and procedures (RMP) for the operationalization of this mechanism are currently being negotiated. The aim of this project has been to contribute to the development of the RMP for the new mechanism by analysing a range of design questions: - What are options for achieving an overall mitigation of global emissions, as mandated by Art.6.4(d) of the Paris Agreement? - In how far can baselines be established on the basis of best available technology (BAT) values? - How can the new mechanism be used to raise the ambition of nationally determined contributions (NDCs), as mandated by Art. 6.1 of the Paris Agreement? - What role can the voluntary carbon market play in raising ambition? - Which incentives can be created for private companies to participate in the new mechanism? - What role can Article 6 play on the way towards a (net) zero emissions world? Over the course of the project, these questions and possible solutions were analysed in six working papers. In addition, key findings of the project were discussed in a workshop on 30 October 2018. This report synthesises the findings from the working papers and the workshop and relates them to the status after the negotiations after the climate conference in Madrid in November 2019 (CoP 25). Quelle: Foschungsbericht
description: In this project commissioned by the German Environment Agency, important aspects of the mechanism under Article 6.4 of the Paris Agreement were examined in more detail. This mechanism is to succeed the CDM under the Kyoto Protocol from 2021 onwards, but it will contain decisive improvements, especially with regard to a robust accounting of emission reductions and better integration into the national climate policy of the host country. The report is addressed to the international experts, in particular to the delegates to the climate conference and observers, and is therefore written in English. A German summary is included. The following topics are covered:How does the mechanism achieve an overall reduction of global emissions?Are there opportunities to use benchmarks to establish baselines?Can contributions to increasing ambition be made by using Art. 6.4?What contribution can the voluntary market make to increasing ambition in the future?Introduction of incentives for the participation of private companies under Art. 6.4 of the PA.The role of the Art. 6.4 mechanism on the way to a net zero emission world.The project provides a contribution to the general discussion in the EU as well as to the Article 6 - Negotiations under the UNFCCC. It is a contribution that presents backgrounds and interrelationships for individual questions concerning the design of the new market mechanisms under Article 6 and can thus contribute to a more informed decision-making process.Since there are, however, several different ways of designing a mechanism that can avoid double counting and provide incentives for increasing ambition, this project is only one of several current contributions to the international discussion.