Oxford Principles for Responsible Engagement with Article 6

  • Dr. Injy Johnstone
    Smith School of Enterprise and the Environment; Oxford Net Zero, School of Geography and the Environment: University of Oxford
  • Axel Michaelowa
    Perspectives Climate Research; University of Zurich
  • Juliette de Grandpré
    New Climate Institute
  • Sindi Kuci
    Smith School of Enterprise and the Environment: University of Oxford
  • Hanna-Mari Ahonen
    Perspectives Climate Research
  • Dr. Benedict S. Probst
    Net Zero Lab, Max Planck Institute for Innovation and Competition; ETH Zurich; University of Cambridge
  • Stephen Lezak
    Smith School of Enterprise and the Environment: University of Oxford, Berkeley Carbon Trading Project, University of California, Berkeley
  • Prof. Thomas Hale
    Oxford Net Zero, School of Geography and the Environment; Blavatnik School of Government; Oxford Martin School: University of Oxford
  • Stephanie La Hoz Theuer
    International Carbon Action Partnership
  • Dr. Jessica Omukuti
    Oxford Net Zero, School of Geography and the Environment; Institute for Science, Innovation and Society: University of Oxford
  • José Luis Reséndiz
    Smith School of Enterprise and the Environment: University of Oxford
  • Prof. Samuel Fankhauser
    Smith School of Enterprise and the Environment; Oxford Net Zero, School of Geography and the Environment; Oxford Martin School: University of Oxford
  • Dr. Selam Kidane Abebe
    Environmental Change Institute; Oxford Net Zero, School of Geography and the Environment: University of Oxford
  • Prof. Cameron Hepburn
    Smith School of Enterprise and the Environment; Oxford Net Zero, School of Geography and the Environment: University of Oxford

Article 6 of the Paris Agreement creates an international framework for market-based cooperation between countries and/or entities “to allow for higher ambition in their mitigation and adaptation actions and to promote sustainable development".  Article 6.2 provides a framework for engaging in cooperative approaches involving internationally transferred mitigation outcomes (ITMOs). Article 6.4 creates a new United Nations carbon crediting programme, also known as the Paris Agreement Crediting Mechanism (PACM), overseen by the Article 6.4 Supervisory Body. Articles 6.2 and 6.4 are operationalised through decisions taken under the Paris Agreement.  While distinct systems, they can intersect, as emission reductions or removals issued as Article 6.4 Emission Reductions (A6.4ERs) under the PACM, or by other eligible carbon crediting programmes can be authorised under Article 6.2 as ITMOs. A6.4ERs that are not authorised as ITMOs are referred to as Mitigation Contribution Units (MCUs).