- Double counting: Basically cheating by accounting for emissions reductions twice, both where carbon credits are created in originating countries and in the country that buys the credits;
- The transition of the Clean Development Mechanism (CDM) from the Kyoto Protocol to the Sustainable Development Mechanism (SDM) of the Paris Agreement: Countries benefiting from finance under the old CDM want to see it continued, but others have been flooded by what they see as “fraudulent” credits, and do not want to continue the mechanism post 2020, citing lack of environmental integrity;
- Avoidance of emissions: This will potentially include “Reducing emissions from deforestation and forest degradation and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries (REDD+)” and forestry offsets, both highly controversial;
- Achieving overall mitigation of global emissions through market mechanisms: Proposed mainly by the Small Island Developing States. It would imply that either the host country or the destination country voluntarily accepts the automatic or discounted cancellation of offset credits in future, to ensure that market mechanisms actually drive down global emissions physically and not just on paper.
Interrompre les négociations sur les mécanismes du marché: les fausses solutions ne seront pas synonymes d’équité et de justice climatique
13 juin 2019
par Souparna Lahiri, Global Forest Coalition, Inde
L’issue de la COP24 à Katowice en décembre dernier a échoué à de nombreux égards, malgré le «bond en avant» du secrétaire d’État polonais de l’Énergie (président désigné de la COP24). Cependant, l’incapacité des gouvernements à s’entendre sur un texte relatif à l’article 6, qui traite des mécanismes de marché fondés sur l’Accord de Paris, a fait la une des journaux.
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We know why it failed, and what the primary barriers to achieving consensus were: