Definition Internationally Transferred Mitigation Outcomes (ITMOs) are emission reduction units that can be traded between countries under Article 6.2 of the Paris Agreement. ITMOs enable bilateral or multilateral cooperation by allowing a country to transfer its surplus emission reductions to …
About The Paris Agreement Crediting Mechanism, established under Article 6.4 of the Paris Agreement, facilitates international cooperation in reducing greenhouse gas emissions. This mechanism enables countries to generate and trade carbon credits from verified emission reduction projects, contributing to their …
What’s in the news? India has submitted its 4th Biennial Update Report (BUR-4) to the United Nations Framework Convention on Climate Change (UNFCCC). The UNFCCC effective from March 21, 1994, aims to stabilize greenhouse gas concentrations and promote global cooperation …
About The Emissions Gap Report is an annual report published by the United Nations Environment Programme (UNEP). Objective of the report It assesses global progress in limiting temperature rise to the 1.5°C target set by the Paris Agreement. It evaluates …