Article 6.2 carbon trade reporting shows gaps ahead of COP31
A Carbon Market Watch analysis of Article 6.2 Technical Expert Reviews (TERs) indicates significant shortcomings in countries' carbon trade reporting. The report, published ahead of COP31, suggests that current transparency and accounting practices for Internationally Transferred Mitigation Outcomes (ITMOs) require substantial improvement. TERs are identified as a key mechanism for assessing compliance, yet their findings reveal ongoing challenges in the operationalisation of Article 6.2. This highlights the need for further progress on reporting standards and transparency at the upcoming climate negotiations.
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