The operationalization of Article 6 is one of the main gaps in the Paris Agreement rulebook adopted at COP24 in Katowice. While Parties have made progress in the various negotiation rounds, several crunch issues remain, including the notion of ‘corresponding adjustments’ that are to be made to prevent double counting.
Making a corresponding adjustment means that when Parties transfer a mitigation outcome internationally to be counted toward another Party’s mitigation pledge, this mitigation outcome must be ‘un-counted’ by the Party that agreed to transfer it. While this seems straightforward, questions around how and when a corresponding adjustment should be applied remain contentious.
This discussion paper intends to provide background information on these issues. The paper seeks to capture and analyze the various options, definitions and questions coming out of the latest negotiations at SB50 in Bonn, and establish a basis for the negotiations at COP25.