Robust Accounting Under Article 6: Key to the Integrity of the Paris Agreement - Key Messages and Recommendations

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dc.contributor.authorUnited Nations Environment Programme
dc.contributor.organizationScience Division
dc.contributor.otherBarata, Pedro Martins
dc.contributor.otherVazão, Catarina
dc.date.accessioned2022-05-11T08:14:04Z
dc.date.available2022-05-11T08:14:04Z
dc.date.issued2021-10
dc.descriptionKey messages and recommendations - A robust accounting system for Article 6 transactions will be key to the environmental integrity of the Paris Agreement. Article 6 transactions, if not properly accounted for, would provide a misleading picture of global efforts to meet the goal of carbon neutrality. Double counting (including double issuance and double claiming) are key issues. The accounting system must provide for clear identification of that risk, through the application of Corresponding Adjustments (CAs). Reaching an agreement under Article 6 may unlock significant amounts of carbon finance but will depend on the quality of the negotiation outcome. A poor outcome may lead to significant under-utilization of Article 6, and undermine the viability of the Paris Agreement altogether if the risk of double counting is not properly addressed.en
dc.formatpdf
dc.identifier.isbnNot Available
dc.identifier.otherNot Available
dc.identifier.urihttps://wedocs.unep.org/handle/20.500.11822/39974
dc.languageEnglish
dc.rights.accessLevelPublic
dc.subjectenvironmental accounting
dc.subjectclimate
dc.subjectgreenhouse gas
dc.subject.sdgSDG 13 - Climate Action
dc.titleRobust Accounting Under Article 6: Key to the Integrity of the Paris Agreement - Key Messages and Recommendationsen
dc.typePolicy brief
wd.identifier.institutionsUNEP DTU PARTNERSHIP

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