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 help meet their climate targets (Nationally Determined Contributions). These credits are called Internationally Transferred Mitigation Outcomes (ITMOs). Article 6.2 allows countries to establish their own governance frameworks and policies for cooperation and is not overseen by the UN.

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LATEST GLOSSARY

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Know Your Client is a security procedure used in the financial sector when contracting to do business with a new counterparty.
A type of carbon offset project that protects forests against deforestation or degradation, and thereby earns carbon credits by reducing emissions compared...

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HIGHLIGHT
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GLOSSARY
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Know Your Client is a security procedure used in the financial sector when contracting to do business with a new counterparty.

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GLOSSARY
REDD+

A type of carbon offset project that protects forests against deforestation or degradation, and thereby earns carbon credits by reducing emissions compared...

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