A flaw in the target: the current state of carbon emissions trading

Ahead of COP 31, this must-read explanatory document looks at what the Article 6.2 Technical Expert Reports reveal to date on countries’ carbon trading, and concludes that there is much work to be done in Antalya.

What is a technical expert review?
The Article 6.2 Technical Expert Review (RET) process serves as an important, if not the only, centralized checkpoint to help those who follow the UN carbon market assess the social and environmental integrity of Article 6.2 cooperative approaches. In this process, a Technical Expert Review Team (TERT) reviews the Initial Reports that Article 6.2 participating countries are required to submit to demonstrate that their cooperative approach – which is essentially each country’s carbon emissions trading scheme – meets the reporting standards set out in the Article 6.2 regulation.

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