Some countries are willing to transfer significant resources to increase the speed of others’ transition to zero net emissions. Currently there is no effective, credible international mechanism that can be applied to emission reductions in all sectors, but the cooperative approaches of Article 6.2 of the Paris Agreement provide space for innovation.
A ‘climate team’ offers one model to enable host and partner countries to cooperate to genuinely reduce global emissions and enable more ambitious Nationally Determined Contributions in both.
An international team of researchers in collaboration with climate negotiators from several countries and private sector carbon trading experts are developing this new mechanism for international climate cooperation.
The climate team mechanism is designed to allow countries to work together to transfer resources for credible emission reductions that go beyond Nationally Determined Contributions.
The large-scale of a climate team agreement can more easily demonstrate the additionality of mitigation and avoid leakage. It can take advantage of existing commitments and monitoring, thus increasing transparency and reducing administrative costs. Transformational change requires significant policy changes and large investments which can be both economically and politically costly. The climate team model gives the host country confidence that they will receive an acceptable return if they successfully reduce emissions. It also aims to mobilize private sector capital and a range of non-financial resources to support transformation.
Leaders of climate team initiative:
If you are interested in being involved please contact one of the initiative leaders.
new approach to emissions trading in a post-Paris climate
2018. Suzi Kerr, Catherine Leining
self-enforcing agreements and climate cooperation
2018. Suzi Kerr, Edmund Lou, Steffen Lippert
mechanism for cooperation under Article 6.2
2018. Suzi Kerr
Event: Global Climate Action Summit Breakfast: September 2018
2018. Suzi Kerr
experience with reforestation
2018. Dong-hwan Kim, Seong-il Kim