Preparation of a Technical Paper to support the Group of Least Developed Countries in the Article 6 Negotiations: Implications of Options on Transition, Share of Proceeds and Overall Mitigation in Global Emissions and their Intersection

This project explores three key unresolved issues in international negotations on the rules for international carbon markets under Article 6 of the Paris Agreement: achieving an overall mitigation in global emissions (OMGE), collecting a share of proceeds (SOP) for adaptation and the transition of the Clean Development Mechanism into the Paris Agreement. The project explores the potential quantitative implications of different policy choices on these matters, both in isolation and in combination with each other, with the aim to support decision-making in the context of the international climate change negotiations.