The Paris Agreement calls for the rapid decarbonisation of the world economy - essentially a switch from carbon-intensive to clean energy. PARIS: Can a country well versed in reducing its greenhouse gas emissions"sell" its efforts to a bad actor? Critics fear Article Six of the Paris Agreement will mean an increase in greenwashing.
Few paid much attention to Article Six at the time, but it authorised mechanisms for voluntary"cooperation" between countries - and private companies - to achieve promised emissions reductions.Now the supervisory body created during COP26 in 2021 has to iron out the details in early November, so a plan can be presented to COP28 in Dubai later the same month.
They make it possible to receive a carbon credit in exchange for every tonne of CO2 kept out of, or removed, from the atmosphere.Numerous scientific studies have found the claimed reductions to be largely overestimated, or even nonexistent. According to several media outlets, the United Arab Emirates, host of COP28, is in the process of signing with a number of African nations.
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