Possible Interpretation of Discussions on Article 6.4 and Corresponding Adjustments

This paper offers our interpretation and understanding of the discussion surrounding these issues. It gives a brief overview of the following topics and issues: First Transfer for Article 6.4 units; Corresponding adjustments; What is meant by beyond NDC; and NDC Accounting vs. Inventory Accounting.

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The European Roundtable on Climate Change and Sustainable Transition (ERCST) is an independent think-tank, registered under belgium law, working on European and Global climate change policies.

ERCST is committed to the goals and principles of the Paris Agreement and works towards promoting a just, inclusive and sustainable global transition.

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Possible Interpretation of Discussions on Article 6.4 and Corresponding Adjustments

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