Title: The Economic Potential of Article 6 of the Paris Agreement and Implementation Challenges

Language: English

Type: Document

Nature: Report

Published: September 1, 2019


Region: Global

Country: Global / Non-Specific

Topic: Emission Reduction Program

Keywords: Emission Reduction Program

Document Link(s):

Document(s):


Document Summary:

This paper explored a scenario that assumes that cost savings from international carbon trading were reinvested back into enhanced ambition. Further quantitative explorations regarding the implications of this assumption and potential mechanisms to encourage that outcome could be useful extensions.


Document Details:

This technical paper investigates the potential economic and environmental outcomesassociated with the use of Article 6 of the Paris Agreement by participating countries.The extent to which countries use Article 6, and how they use it, will be informed by design choices agreed upon by negotiators in forthcoming Conference of the Parties (COP) meetings, particularly the next one to be held at COP 25 in Chile and by the agreements made between participating parties.


Updated: January 11, 2024

  • Unlocking Global Emission Reduction Credit

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  • Introduction to Emission Reduction Credits

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  • Strategic Guidance for Country System Assessments

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    Watch this space.  Unlocking Global Emission Reduction Credit is intended to be a living document and will be reviewed at regular intervals. Check the page below or download the following reports: Strategic Guidance for Country System Assessments and Guidance for Countries in Assessing ERC Projectsor the Mobilizing ERC Finance. Let us know what you think by taking a Quick Survey.


     

  • Guidance for Countries in Assessing ERC Projects

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    Table of Contents
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    Watch this space.  Unlocking Global Emission Reduction Credit is intended to be a living document and will be reviewed at regular intervals. Check the page below or download the following reports: Strategic Guidance for Country System Assessments and Guidance for Countries in Assessing ERC Projectsor the Mobilizing ERC Finance. Let us know what you think by taking a Quick Survey.


     

  • Mobilizing ERC Finance

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    This section is intended to be a living document and will be reviewed at regular intervals. The Guidelines have not been prepared with any specific transaction in mind and are meant to serve only as general guidance. It is therefore critical that the Guidelines be reviewed and adapted for specific transactions. Unless expressly stated otherwise, the findings, interpretations, and conclusions expressed in the Materials in this Site are those of the various authors of the Materials and are not necessarily those of The World Bank Group, its member institutions, or their respective Boards of Executive Directors or member countries. For feedback on the content of this section of the website or suggestions for links or materials that could be included, please contact the PPPLRC at ppp@worldbank.org.

    Table of contents Title
    Table of Contents
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    Watch this space.  Unlocking Global Emission Reduction Credit is intended to be a living document and will be reviewed at regular intervals. Check the page below or download the following reports: Strategic Guidance for Country System Assessments and Guidance for Countries in Assessing ERC Projectsor the Mobilizing ERC Finance. Let us know what you think by taking a Quick Survey.