Kick-Starting a Course Correct: A Vision for International Cooperation under the Paris Agreement beyond Carbon Markets
Countries participating in negotiations within the UNFCCC need to move beyond their obsession with carbon offset markets and embrace the diverse range of non-market-based approaches.
The twin crises of biodiversity loss and climate change are already causing turmoil worldwide. Parties at the United Nations conventions on climate change (UNFCCC) and biodiversity (CBD) should make sure they play a central role in addressing these linked crises but have been slow to do so. The UNFCCC, through its Paris Agreement, has set a global goal that should be met by individual country pledges, called Nationally Determined Contributions (NDCs), but the sum of these pledges falls way short of the action needed to meet the goal of limiting global warming to 1.5 °C. This report looks at a part of the Paris Agreement (Article 6.8) which has the potential, if the political will would be there, to correct the course of climate action through increased international cooperation and to foster closer links with the CBD and other institutions promoting sustainable development.
This Greenpeace Germany discussion paper is supported by Members of the Climate Land Ambition and Rights Alliance (CLARA).