The ICLRC submitted its input to the new versions of the Article 6.4 guidance
On October 30, the eighth meeting of the Article 6.4 Supervisory Body opens in Bonn, where its members intend to adopt a number of key documents that will launch the centralized market mechanism as early as 2024. These meetings attract a lot of attention of carbon market participants. The trajectory of other carbon market segments, for which the Article 6.4 mechanism could become the gold standard, will depend on how the UN mechanism is ultimately regulated.
The Center’s experts expressed their opinion on the current versions of the regulatory provisions concerning the project activity cycle, decision-making procedure, procedure for accreditation of verifiers, development of methodologies and appeal mechanism. Comments are generally aimed at increasing regulatory certainty, documents usability for market participants, stimulation of market activity, and wide access of the involved parties to the mechanism being created.
The other submissions are available here.
OTHER PUBLICATONS
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In 2003 Sofia graduated from the Law Faculty of the Lomonosov Moscow State University. From 2003 to 2018 she worked on international law matters (law of treaties, law of the sea etc.) in the diplomatic service – at the Foreign Ministry and the Russian Embassy in the Netherlands, and later on – with the Ivanyan and Partners Law Firm. For several years she was assistant to member of the International Law Commission Roman Kolodkin, during his work in the ILC. Prior to coming to the ICLRC, Sofia worked with the Center as an expert, and in 2021 she joined the team as head of Public International Law.
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In 2019-2022, Anton Tsvetov supervised the work with the organizations of the UN and the Group of Twenty in the Ministry of Economic Development of Russia. He was engaged in negotiations on sustainable development and climate change issues, including the issue of carbon markets (Art. 6 of the Paris Agreement). He also worked on the presentation of the first Russian Voluntary National Review of the implementation of the Sustainable Development Goals in the UN. Prior to joining the civil service, Anton worked in research centers, working out policy recommendations in the field of international relations and global development, specifically in the Center of Strategic Research (CSR) and in the Russian International Affairs Council (RIAC). He is the author of more than 100 publications in Russian and foreign scientific journals, as well as in analytical media and mass media. An alumnus of international leadership development programs in Germany, India and the US.
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Mr. Sitnikov has specialized in supporting climate projects, consulting on carbon markets, carbon trading and ESG since 2004. Sergey was actively involved in the work on the Russian federal and regional carbon regulations. In 2022 he participated in the work of the Article 6.4 Supervisory Body (COP27, Sharm El-Sheikh). Mr. Sitnikov advised, among other things, major Russian and international companies on the implementation of climate projects in Russia and abroad, as well as the regulator on various issues of climate regulation. Since 2014 Sergey Sitnikov has been annually recognized by independent international and Russian legal ratings as a leading lawyer in the "Environmental Law" field. Since 2008 till 2019 Mr. Sitnikov acted as a Visiting Professor at Moscow State Institute of International Relationship (MGIMO), International Institute of Energy Policy and Diplomacy, with his course of lectures related to various energy and carbon regulation issues. Sergey Sitnikov is the author and co-author of a number of scientific researches and books, including: - The Oxford Handbook of International Climate Change Law. Oxford, Oxford University Press, 2016; - Civil Law Regulation of Oil Transportation by Pipelines: Acute Issues, YusticInform, Moscow, 2012; - Climate Change Liability. Transnational Law and Practice, Cambridge University Press, UK, 2012; - Energy Law in Russia and Germany. Comparative Law Research, Yurist publishing group, Moscow, 2011; - Trading In Air: Mitigating Climate Change Through the Carbon Markets, Infotropic Media, Moscow, 2010 and of numerous practice-oriented articles on carbon regulation and ESG, including: - “Implementation of climate projects in the field of waste management”, TBO. Waste Management Scientific Journal, April, 2023; - “Road map of the ESG-strategy. How to start a company transformation”, Corporate Lawyer Journal, February, 2023; - “Carbon regulation in Russia: origins and peculiarities.”, The Eurasian Scientific Journal, 14(6): 44ECVN622. Available at: https://esj.today/PDF/44ECVN622.pdf; - “Carbon Border Adjustment Mechanism”, Industry Ecology Journal, November, 2021; - “20 Steps on the Way to ESG-Transformation”, Industry Ecology Journal, December, 2021; - “Emission trading scheme as an alternative to the modern system of normatives”, Industry Ecology Journal, August 2016; - “New Procedure for Joint Implementation Projects in Russia”, Thomson Reuters Russia/Eurasia Executive Guide, December 2011; - “Money Out of Thin Air”, RBCC Bulletin, Issue 2, March 2010; - “Russia's new JI rules could break logjam”, “Point Carbon”, November 2009; - “Who Owes Whom? Legal Schemes of JI Projects' Implementation in Russia: Analysis and Recommendations”, Mirovaya Energetika No.1, 2008; - “Investors Get the Green Light”, Mirovaya Energetika, No.8, 2007; - “The potential for generating and selling Voluntary Emission Reductions in associated oil gas projects”, Oil, Gas & Law, No.6, 2007; - “Keys to the Carbon Transactions”, Delovoi Ekologicheski Journal, No.2, 2007; - “Agreement for Transportation of Oil by Pipeline: Theories and Practice of Drafting and Usage”, Oil, Gas & Law, No.4, 2007; - “Pledge of Oil, Transported through System of Pipelines”, Pravo I Ekonomika, #3, 2007; - “Pledge of Oil Transported by Pipelines,” The Oil, Gas and Law Journal, 2005, No.1; - “Civil Law Aspects of the Transportation of Oil Using Pipelines,” The Oil, Gas and Law Journal, 2004, No.4.
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Professional interests: Education
Financial University Under the Government of the Russian Federation, Bachelor of Law with Honours, 2014
RUDN University and Université Grenoble Alpes (France), Master of Law, double degree programme “International Protection of Human Rights”, 2022
Professional experience
April 2021 - August 2023
Deputy Head of UN Division, Ministry of Economic Development of the Russian Federation
October 2014 - August 2019
Consultant in the International Legal Division of the Legal Office, Federal Financial Monitoring Service