Initial assessment of Article 6 use finds carbon credit trade could hinder climate action
"This is not what we would call responsible use of Article 6."
The first qualitative assessment of carbon credit trade under Article 6 has found that Switzerland, Japan, Brazil and Kenya are using the mechanism in a way that could hinder climate ambition.
Article 6 of the Paris Agreement governs the international trade of carbon credits to help countries meet their domestic climate goals, known as nationally determined contributions (NDCs). The framework was finalised 18 months ago at COP29, opening the door for countries to begin purchasing Article 6 carbon credits from each other.
