The Sustainable Development Mechanism AKA The New Carbon Market Mechanism

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  The Sustainable Development Mechanism is a new mitigation mechanism established in Art. 3 ter of the draft Paris Agreement. The purpose of this mechanism is to “promote the mitigation of greenhouse gas emissions [in developing country Parties] while fostering sustainable development….” In order to achieve its goals, the mechanism provides incentives for successfully mitigating…
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More on the High Level Panel Event on the Land Use Sector and Forests

This post adds a bit more detail to Chris Knowles’ earlier post. The President of the Conference of Parties convened a “High-level panel event on the land use sector and forests” on Monday 18 November at COP19 . The President himself was in attendance, but his representative opened the meeting emphasizing the importance of the…
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Countdown to COP19/CMP9

Ambition.  Annex B targets.  Second commitment period.  Flexible mechanisms.  State parties.  Green Climate Fund.  Loss and damage.  Reforestation, deforestation, and afforestation.  Joint implementation.  Annex I.  Annex II.  Monitoring, review, and verification.  Adaptation funding.  Common but differentiated responsibilities.  Clean development mechanism.  Carbon emissions trading.  IPCC.  SBI.  SBSTA.  ADP.  AAU.  CER.  ERU. These are some of the concepts…
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