Article 6.4 of the Paris Agreement is increasingly regarded as the most important mechanism to propel carbon markets in the coming decade. The mechanism will enable the trading of emission reduction and removal credits generated through specific activities implemented in host countries, and the participation of countries, companies and individuals. Not only is it expected to generate renewed supply and demand for offsets credits, it is also hoped to address concerns around credit integrity and dissuade the trust issues plaguing the VCM. However, much remains unclear with regards to the specificity of the mechanism, and substantial disagreement on important aspects thereof lingers among key players of the VCM. Join us in this webinar as we review the state of development of the Article 6.4 mechanism and evaluate expectations ahead of COP 28.
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