Designing the Article 6.4 mechanism: Assessing selected baseline approaches and their implications

This paper explores the different options for baseline methodologies for the Article 6.4 mechanism that are considered in the UNFCCC negotiations, and discusses lessons learned from baseline approaches in other market mechanisms. The paper also covers a deep dive on the implications of using different baseline methodologies for the power and cement sectors. Lastly, benefits and implications for host countries to engage in the Article 6.4 mechanism are discussed.

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Designing the Article 6.4 mechanism: Assessing selected baseline approaches and their implications

Climate Policy Priorities for the Next European Commission