An international team of researchers in collaboration with climate negotiators from several countries and private sector carbon trading experts are developing a new mechanism for international climate cooperation.

Climate change mitigation costs differ widely across different countries. Countries with high marginal abatement costs are willing to transfer significant resources to increase the speed of transition to zero net emissions in countries with lower marginal costs. Currently there is no effective, credible international mechanism promoting 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 a new model to enable host and partner countries to cooperate to genuinely reduce global emissions and enable more ambitious Nationally Determined Contributions in both. It can reassure host countries about the return to their investment in emissions reductions beyond the NDC and leverage private investment. The large scale of a climate team facilitates the demonstration of additionality and the avoidance of carbon leakage. Climate Teams can take advantage of existing national monitoring and reporting frameworks, increasing transparency.

An international team of researchers in collaboration with climate negotiators from several countries and private sector carbon trading experts are developing a new mechanism for international climate cooperation.

Climate change mitigation costs differ widely across different countries. Countries with high marginal abatement costs are willing to transfer significant resources to increase the speed of transition to zero net emissions in countries with lower marginal costs. Currently there is no effective, credible international mechanism promoting 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 a new model to enable host and partner countries to cooperate to genuinely reduce global emissions and enable more ambitious Nationally Determined Contributions in both. It can reassure host countries about the return to their investment in emissions reductions beyond the NDC and leverage private investment. The large scale of a climate team facilitates the demonstration of additionality and the avoidance of carbon leakage. Climate Teams can take advantage of existing national monitoring and reporting frameworks, increasing transparency.

A mechanism for cooperation under Article 6.2 Date: 2018 Presenter: Suzi Kerr Event:  Climate Teams breakfast event at the Global Climate Action Summit, San Francisco, California, 11 September 2018  

The project considers Chile as a host country and Switzerland and New Zealand as partner countries. These countries share a history of trust, climate ambition, and complementarity with regards to the availability of resources and low-cost emission reduction potential. There

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Climate Teams a new model for climate cooperation

Project time frame:  2017 – 2019 Research goal:  The development of an international cooperation model to form a climate team to secure international transfer mitigation outcomes (ITMOs). The project has four components: 1           Conceptual design of

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Company observer: Fonterra is a global dairy nutrition company owned by 10,000 farmers and their families, united by a fundamental belief in the power of dairy to make a difference.  Contact: Lucas Kengmana and Carolyn Mortland

Company observer: Genesis is a diversified energy company based in New Zealand. Genesis sells electricity, natural gas, and LPG through its retail brands. It generates electricity, and trades electricity and natural gas through its Generation business. Genesis also has a 46%

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Motu is New Zealand’s leading economic research institute. It is in the top ten global economic think tanks and top ten climate think tanks. Motu has developed a sound reputation for its well-informed, well-reasoned and fastidiously researched studies on public policy issues.

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Suzi Kerr

Chief Economist, Environmental Defense Fund

Suzi Kerr is the Chief Economist at Environmental Defense Fund. She was, until May 2019, a Senior Fellow, and from 1998 – 2009 Founding Director, at Motu Research in New Zealand. She graduated from Harvard University in 1995 with a

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Ana Pueyo

Research Fellow, Motu Research

Ana Pueyo is a Research Fellow at Motu Research, in New Zealand, and at the Institute of Development Studies in the UK. Dr Pueyo trained as an Economist and completed her PhD in Industrial Engineering, focusing on renewable energy technology

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