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Article 6.2 could be used in a situation where national or regional instruments such as the EU Emissions Trading Scheme (ETS) are linked with comparable systems in order to create a common, cross-border carbon market. National and bilateral carbon credit-based systems operated outside the realm of the UNFCCC could
Action for Climate Empowerment (ACE) is a term adopted by the UNFCCC in 2015 to have a better name for this topic than "Article 6". It refers to Article 6 of the convention's original text (1992), focusing on six priority areas: education, training, public awareness, public participation, public access to information, and international ...
Hands holding a tree inside of a light bulb. Action for Climate Empowerment (ACE) is a term adopted by the United Nations Framework Convention on Climate Change (UNFCCC). It refers to Article 6 of the Convention's original text (1992), focusing on six priority areas: education, training, public awareness, public participation, public access to information, and international cooperation on ...
Article 6 is the only important part of the agreement yet to be resolved; negotiations in 2019 did not produce a result. [83] The topic was settled during the 2021 COP26 in Glasgow . A mechanism, the "corresponding adjustment", was established to avoid double counting for emission offsets.
The UNFCCC was opened for signature on 9 May 1992, after an Intergovernmental Negotiating Committee produced the text of the Framework Convention as a report following its meeting in New York from 30 April to 9 May 1992. It entered into force on 21 March 1994. As of July 2022, UNFCCC has 198 parties.
From 2026 on, they must meet all Article 6 requirements. Up to 2.8 billion credits could potentially become eligible for issuance under Article 6.4 if all CDM projects transition. [24] Article 6 does not directly regulate the voluntary carbon markets. In principle, it is possible to issue and purchase carbon offsets without reference to Article 6.
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Global Climate Action, originally known as Non-state Actor Zone for Climate Action (NAZCA), is a web portal launched in 2014 by the United Nations Framework Convention on Climate Change (UNFCCC). [1] The purpose of the website is to provide information about climate action around the globe.