Article 6 Wrap-up: How to Fly Above the Hot Air
On this final day of SB50, ECO would like to remind Parties about the importance of strong environmental integrity provisions in the Article 6 rules.
It is fundamentally critical that emissions transfers under Article 6 prevent double counting. Article 6 can only work properly if the rules ensure that double counting is avoided both in 6.2 and 6.4, and that corresponding adjustments are applied for mitigation outcomes both inside and outside the scope of a host country’s NDC. This must apply regardless of where the credits are used – i.e. for NDC and non-NDC purposes alike.
ECO continues to hear from some Parties that corresponding adjustments for mitigation outcomes used toward purposes other than NDCs — like aviation’s carbon market, the ICAO CORSIA — are not important. ECO strongly disagrees. Leaving non-NDC adjustments out of the picture could punch a hole in the Paris Agreement the size of an A380 jumbo jet.
And if Parties allow Certified Emission Reductions (CERs), Assigned Amount Units (AAUs) or Emission Reduction Units (ERUs) to transfer over without any conditions, it would punch a hole in the Paris Agreement big enough for a whole airline’s fleet. Allowing activities and methodologies from the Kyoto Protocol mechanisms to carry over without conditions would widen that enough to add another airline’s fleet!
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