Considerations for CDM Methodology Concepts to Article 6.2

doi:https://doi.org/10.1596/41988

Publication:
Considerations for CDM Methodology Concepts to Article 6.2

dc.contributor.author	World Bank
dc.date.accessioned	2024-08-01T20:07:22Z
dc.date.available	2024-08-01T20:07:22Z
dc.date.issued	2024-08-01
dc.description.abstract	The Clean Development Mechanism (CDM) under the Kyoto Protocol has seen the development of over 250 project-based methodologies for establishing baseline emissions, assessing additionality, monitoring project activities, and measuring & verifying emission reductions. The implementation of these methodologies over the years has provided valuable experiences and lessons that could inform baseline-setting methods under Article 6 of the Paris Agreement (PA) to ensure environmental integrity, increased mitigation ambition, and the achievement of Nationally Determined Contributions (NDCs). In this context, this approach paper delves into components of CDM methodologies that require reassessment for the transition from the Kyoto to the Paris regime. It draws from past CDM experiences to identify useful insights that can be applied to the new toolkit. It identifies the key risks (over-crediting/overselling and risk of perverse incentives) that need to be addressed, and crucial elements (ratcheting up of ambition) that need to be considered for robust Article 6 baseline-setting that aligns with new requirements under the Paris Agreement. Overall, the paper concludes that while the portfolio of CDM methodologies can serve as a reference, baseline setting under Article 6 must go beyond the CDM baseline determination method that relies on historical practices and take a forward-looking approach that considers NDC targets and trajectories and ambition-raising.	en
dc.identifier	http://documents.worldbank.org/curated/en/099072924185030252/P1769911b71d780f41b45213e20f8e17d05
dc.identifier.doi	10.1596/41988
dc.identifier.uri	https://hdl.handle.net/10986/41988
dc.language	English
dc.language.iso	en_US
dc.publisher	Washington, DC: World Bank
dc.relation.ispartofseries	Article 6 Approach Paper Series;
dc.rights	CC BY-NC 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	https://creativecommons.org/licenses/by-nc/3.0/igo
dc.subject	CLIMATE CHANGE
dc.subject	CLIMATE CHANGE ADAPTATION
dc.subject	CLIMATE CHANGE ADAPTATION IMPACTS
dc.subject	CLIMATE CHANGE ADAPTATION FINANCE
dc.subject	CLEANING SERVICES IN SMALL TOWNS AND RURAL AREAS
dc.subject	CLIMATE ACTION
dc.subject	SDG 13
dc.title	Considerations for CDM Methodology Concepts to Article 6.2	en
dc.type	Working Paper
dspace.entity.type	Publication
okr.crossref.title	Considerations for CDM Methodology Concepts to Article 6.2
okr.date.disclosure	2024-08-01
okr.date.lastmodified	2024-07-30T00:00:00Z	en
okr.doctype	Publications & Research::Working Paper
okr.doctype	Publications & Research
okr.docurl	http://documents.worldbank.org/curated/en/099072924185030252/P1769911b71d780f41b45213e20f8e17d05
okr.guid	099072924185030252
okr.identifier.docmid	P176991-b71d783e-b3c0-4ef4-b452-3e20f8e17d05
okr.identifier.doi	https://doi.org/10.1596/41988
okr.identifier.externaldocumentum	34370609
okr.identifier.internaldocumentum	34370609
okr.identifier.report	192776
okr.import.id	4988
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/099072924185030252/pdf/P1769911b71d780f41b45213e20f8e17d05.pdf	en
okr.region.geographical	World
okr.sector	Other Public Administration
okr.theme	Social Inclusion,Mitigation,Participation and Civic Engagement,ICT,Economic Policy,ICT Solutions,Green Growth,Social Development and Protection,Economic Growth and Planning,Environment and Natural Resource Management,Private Sector Development,Environmental policies and institutions,Climate change,Adaptation
okr.topic	Environment::Adaptation to Climate Change
okr.topic	Environment::Climate Change Impacts
okr.topic	Environment::Climate Change Mitigation and Green House Gases
okr.topic	Environment::Climate Change and Environment
okr.unit	GGS-CCG-Finance & Economics Unit (SCCFE)