Article 6.4

Article 6.4 of the Paris Agreement establishes the ‘Paris Agreement Crediting Mechanism’ – a framework for trading carbon credits from greenhouse gas reduction, avoidance or removal projects.

Article 6

Article 6 of the Paris Agreement lays out the principles and guidelines for a country-level carbon market, in which countries may generate carbon offsets either to meet their own emissions reduction targets…

Article 6.2

Article 6.2 of the Paris Agreement allows countries to exchange greenhouse gas emissions reduction credits through bilateral or multilateral agreements, to provide flexibility in how they meet their climate targets.

Blue Hydrogen

Blue hydrogen is produced using steam methane reformation in the same process as grey hydrogen, except the greenhouse gas emissions are captured and stored underground.

Afforestation

Afforestation refers to the practice of planting new forest cover to create a carbon sink.

Paris Agreement

An international treaty on climate change adopted by 196 governments at the COP21 summit in Paris in 2015 under the United Nations Framework Convention on Climate Change.

Kyoto Protocol

An international treaty on climate change adopted by more than 190 countries in 1997 in Kyoto, Japan.

Green Hydrogen

Green hydrogen refers to the splitting of water by electrolysis into its components, oxygen and hydrogen, using electricity from renewable sources such as wind or solar power plants.

Abate

In the context of greenhouse gases, generally refers to a reduction of emissions.

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