Possible Interpretation of discussions on Article 6.4 and Corresponding Adjustments

Date: 20 March 2019

Author(s): Andrei Marcu & Chandra Sinha, World Bank

This paper offers our interpretation and understanding of the discussion surrounding these issues. It gives a brief overview of the following topics and issues:

  1. First Transfer for Article 6.4 units;
  2. Corresponding adjustments;
  3. What is meant by beyond NDC; and
  4. NDC Accounting vs. Inventory Accounting.