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Derail negotiations on market mechanisms: false solutions will not bring equity and climate justice

13 Jun, 2019

by Souparna Lahiri, Global Forest Coalition, India The outcome of COP24 in Katowice last December failed on many counts, despite the “victory leap“ of the Polish Secretary of State for Energy (COP24’s president-designate). But what made front page news was the failure of governments to agree to a text on Article 6, which deals with market-based mechanisms in the Paris Agreement. We know why it failed, and what the primary barriers to achieving consensus were: Double counting: Basically cheating by …

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