Market mechanisms under the Paris Climate Protection Agreement

In preparation for the next international climate change conference in Marrakech (07 to 18/11/2016) three discussion papers were developed on behalf of the German Environment Agency. These deal with the key issues for discussion and drafting of international rules for Article 6 of the Paris Agreement. Article 6 enables the use of international market mechanisms to fulfill the contribution to climate protection by the countries.

The discussion papers focus on the following three key topics:

• Market Mechanisms in the Paris Agreement - Differences and Commonalities with Kyoto Mechanisms
  This discussion paper analyses Article 6 of the Paris Agreement and compares the Paris approaches with those of the Kyoto Protocol. In addition, it specifies valuable experience from the Kyoto mechanisms for the implementation of Article 6.
• Robust Accounting of International Transfers under Article 6 of the Paris Agreement
  This paper presents preliminary results about key issues and options for a robust accounting of international transfers under Article 6 of the Paris Agreement.
• Categorization of INDCs in the light of Article 6 of the Paris Agreement
  This discussion paper analyses the various aspects of the 163 climate protection contributions submitted that are important for a robust accounting of international transfers. This includes for example, the type of target, the reference year or period, the target year or period, the sectoral and geographical coverage of the target or the intended use of market mechanisms.