Carbon Markets, EU

EU defends its COP28 Article 6 negotiating position

The European Commission said too hasty an approach risking producing “bad quality projects and ITMOs that undermine the integrity of the Article 6 system as a whole” while others accused it of hypocrisy. (Photo: Simon Wohlfahrt/Bloomberg)

Failed Article 6 negotiations at COP28 marked a sorry end to a challenging year for carbon markets

The EU’s approach during COP28 talks on the principles that govern the trading of greenhouse gas reductions has angered some participating nations and observers. At least one participant in the negotiations ...

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