Paris Agreement Article 6 is the provision of the 2015 Paris Agreement that establishes mechanisms for countries to cooperate in meeting emissions-reduction targets, including international transfer of mitigation outcomes and a centralized crediting market. It defines accounting rules to prevent double-counting when carbon reductions are traded between parties. Article 6 provides the international legal basis for cross-border carbon markets and corresponding adjustments.
Content
- It covers cooperative approaches with internationally transferred mitigation outcomes and a centralized crediting mechanism. Its corresponding-adjustment rules prevent two parties from counting the same reduction, making robust, auditable tracking infrastructure essential to compliant cross-border carbon markets.