Understanding Articles 6.2 and 6.4 of the Paris Agreement

A closer look at their mechanisms

In the intricate architecture of the Paris Agreement, Articles 6.2 and 6.4 stand as twin pillars. They serve as enablers for countries to collaborate on reducing emissions beyond their borders. Although they share the same foundation i.e. international cooperation, they operate through distinct mechanisms. Let us explore the comparison between these two articles and understand their significance.

What is Article 6.2?

Article 6.2 focuses on voluntary cooperation between countries. The key feature is that it enables the transfer of emission reduction units between countries hence, supporting countries in achieving their climate targets set under Nationally Determined Contributions (NDCs) efficiently.

Key features of Article 6.2

1. Voluntary cooperation: Countries can decide how to cooperate based on mutual interest.

2. Emission Reduction Units: It facilitates the transfer of accountability for emission reductions.

3. Nationally Determined Contributions (NDCs): Pave mechanism for countries to achieve their set climate targets under NDCs by trading Internationally Transferred Mitigation Outcomes (ITMOs). .

   
   

What is Article 6.4?

Article 6.4 introduces a more structured approach.

Key features of Article 6.4

1. Centralized mechanism: Unlike Article 6.2, Article 6.4 has a more centralized and regulated process.

2. Sustainable development: It prioritizes sustainable development benefits alongside emission reductions.

3. Support for developing countries: It provides a platform for developing nations to engage in carbon markets.

   
   

Comparison of Article 6.2 and Article 6.4

Comparison table for Article 6.2 and Article 6.4 of the Paris Agreement. Click here for : Link 1 and Link 2

Implications for climate action

Both Articles 6.2 and 6.4 have significant implications for global climate action. They are designed to enhance collaboration and ambition among nations while maintaining integrity in the system. For many countries, particularly those with limited resources, these mechanisms provide critical pathways to engage in global efforts to combat climate change. Furthermore, the creation of trading systems under these articles can foster economic growth. By allowing countries to leverage their carbon reduction efforts, these mechanisms create opportunities for investment in green technologies and sustainable development projects. Understanding their differences and similarities helps clarify how international cooperation can be enhanced to meet climate goals.