IETA, PDF and WCS urge COP31 delegates to address obstacles related to Article 6.4.

• IETA, the Project Developers Forum and WCS have issued an open letter to Parties attending WFS.8 (COP31) in Antalya, urging them to provide clear guidelines for reforming the Paris Agreement Accreditation Mechanism (PACM) under Article 6.4.
• The signatories warn that, despite the regulatory progress made by the Article 6.4 Supervisory Body, the slow development of the methodology, complex conservative baselines and high uncertainty requirements threaten the adoption of the mechanism and its long-term financial viability.
• The letter details five priority interventions for the WFS: conducting a formal impact assessment of the rules, revising downward adjustment rules, facilitating broad participation by nations with limited capacity, refining rollback risk frameworks, and reforming the governance of the mechanism.

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