Why Article 6 Matters, And Why I Want to Talk About It More
Lately, I’ve been diving deeper into Article 6 of the Paris Agreement, and I wanted to share my understanding of what it actually means, why it matters for the future of climate action, and why I think we should be talking about it a lot more. Because even though carbon markets and international climate policy may sound technical and distant, Article 6 is essentially about one big question: How can countries work together to reduce emissions in a fair, transparent, and effective way? So, What Is Article 6? Article 6 is one of the most complex, and fascinating, parts of the Paris Agreement. It creates rules for how countries can cooperate to meet their climate goals, especially through carbon markets. It’s divided into three key parts, but the two that are shaping global carbon markets the most are: Article 6.2 – Cooperative Approaches Allows countries to trade emissions reductions between each other through “ITMOs” (Internationally Transferre...