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Options for fostering a net-zero GHG emission world under the Paris article 6.4 mechanism : discussion paper

  • The new mechanism defined under Article 6.4 of the Paris Agreement is supposed to allow for international cooperation with regard to climate change mitigation and thereby enable an increase in overall mitigation. Nevertheless, the design of the mechanism under Article 6.4 should also make sure that it is not be in conflict with the long-term goal of net-zero GHG emissions but even better foster national pathways leading to this objective. Building this into the mechanism requires to shift the focus from short- and mid-term considerations to the long-term perspective in one way or another. This discussion paper explores three different approaches that may help to foster the long-term objective of net-zero GHG emissions in theThe new mechanism defined under Article 6.4 of the Paris Agreement is supposed to allow for international cooperation with regard to climate change mitigation and thereby enable an increase in overall mitigation. Nevertheless, the design of the mechanism under Article 6.4 should also make sure that it is not be in conflict with the long-term goal of net-zero GHG emissions but even better foster national pathways leading to this objective. Building this into the mechanism requires to shift the focus from short- and mid-term considerations to the long-term perspective in one way or another. This discussion paper explores three different approaches that may help to foster the long-term objective of net-zero GHG emissions in the operationalization of Article 6.4, namely positive and negative lists, additionality with regard to a baseline consistent with both, NDCs and long-term targets, as well as adaptation of existing instruments and criteria from climate finance. The detailed discussion of the ap-proaches shows that the approaches should not be seen as mutually exclusive but rather as comple-mentary to each other. From the analyses, two storylines emerge how to combine aspects of the differ-ent approaches in a reasonable way to foster the long-term objective of net-zero GHG emissions under Article 6.4.show moreshow less

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Metadaten
Document Type:Working Paper
Author:Alexandra Denishchenkova, Jakob Wachsmuth, Jürg Füssler, Alexander Wunderlich, Felix Weber, Hanna Wang-Helmreich, Wolfgang Obergassel
URN (citable link):https://nbn-resolving.org/urn:nbn:de:bsz:wup4-opus-75492
Publisher:German Emissions Trading Authority (DEHSt)
Place of Publication:Berlin
Year of Publication:2019
Pagenumber:37
Language:English
Division:Energie-, Verkehrs- und Klimapolitik
Dewey Decimal Classification:320 Politik
Licence:License LogoIn Copyright - Urheberrechtlich geschützt