Climate Governance Integrity

 COP26: Article 6 Outcomes Image Source: eu.boell.org This article is a brief version of the article published by twn.org on the results of negotiations among Parties on issues related to the contentious Article 6 of the Paris Agreement (2015) Article 6 Outcomes on Market/Non-market Approaches Article 6 is PA’s ‘cooperative approaches’ among Parties involving the use of market and non-market mechanisms of their Nationally Determined Contributions (NDC)’s implementation Establishment of the ‘Glasgow Committee on Non-market Approaches’ – a win for DCs -        This formal institutional mechanism can advance the non-market approaches (NMAs), which was initially resisted by developed countries -        Considered a victory under the Paris Agreement’s Article 6.8 No Decision for a Mandatory Contribution – a loss for DCs -        The market-based approach under PA’s Article 6.2 is a loss to the developing countries as there was no decision reached for a mandatory contribution t