Designing the Article 6.4 Mechanism: Lessons Learned from the CDM - Key Messages and Recommendations

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dc.contributor.authorUnited Nations Environment Programme
dc.contributor.authorTechnical University of Denmark
dc.contributor.authorUNEP DTU Partnership
dc.contributor.organizationScience Division
dc.contributor.otherMatsuo, Naoki
dc.date.accessioned2022-05-11T08:27:45Z
dc.date.available2022-05-11T08:27:45Z
dc.date.issued2021-10
dc.descriptionThis policy brief analyses lessons from the Clean Development Mechanism under the Kyoto Protocol to guide the Article 6.4 market mechanism of the Paris Agreement. It highlights that while operational rules influence carbon credit supply, demand depends on external regulations and private sector engagement. The brief notes CDM successes in reducing emissions, identifies challenges for energy efficiency and small-scale sustainable development projects, and stresses the need for balanced credit supply and demand, environmental integrity, and concrete solutions to incentivise co-benefits and facilitate market participation.en
dc.formatpdf
dc.identifier.urihttps://wedocs.unep.org/handle/20.500.11822/39975
dc.languageEnglish
dc.page.number8 pages
dc.rights.accessLevelPublic
dc.subjectgreenhouse gas
dc.subjectclimate change
dc.subjectcarbon
dc.subjectclimate
dc.subject.sdgSDG 13 - Climate Action
dc.subject.sdgSDG 16 - Peace, Justice and Strong Institutions
dc.subject.themeclimate
dc.titleDesigning the Article 6.4 Mechanism: Lessons Learned from the CDM - Key Messages and Recommendationsen
dc.typePolicy brief

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