Requirements for the development and assessment of the Paris Agreement Article 6.4 mechanism methodologies

This input document is a response to a call from the Article 6.4 Supervisory Body to provide views on the current version of the draft recommendation on methodologies that would shape the landscape for project activities under the Paris Agreement Article 6.4 centralised market mechanism.

This guidance focuses on key regulatory elements of the crediting mechanism: setting baselinse, demonstrating additionality, ensuring ambition and safeguarding against risks.

The Center's experts present their views on some of the unresolved issues, including the approaches to baseline-setting and additionality, suggesting solutions that would allow for a wide range of activities to be implemented under Article 6.4 while ensuring integrity and compliance with the Article 6 rulebook.