OECD COP26 Virtual Pavilion

Important considerations and capacity building needs to implement the Article 6.4 mechanism

Nov 4, 2021 | 4:00 PM - 5:00 PM


Please note that a replay of this event is not available on the virtual pavilion. This event will focus on the key aspects of the operationalisation of the Article 6.4 mechanism. It will discuss the work and the resources needed for the implementation of the new mechanism. It will also look into the quantitative options for “overall mitigation in global emissions” (OMGE), share of proceeds (SOP) and Clean Development Mechanism (CDM) transition, such as OMGE percentage cancellation rate, increase of the rate for SOP, as well as the transition of CDM activities and the transfer of pre-2020 certified emission reductions (CERs) for use under the Paris Agreement. It will also analyse a transformative capacity-building programme for Article 6 co-operative approaches, aiming to enable their use to engage the private sector in NDC implementation and to raise ambition. Agenda: 16:00-16:05 - Opening by moderator: Susanne Pedersen, Director, UNEP DTU Partnership 16:05-16:35 - Presentations - Luca Lo Re, International Energy Agency and Jane Ellis, Organisation for Economic Co-operation and Development - Harry Fearnehough, New Climate Institute - Karen Olsen, UNEP DTU Partnership 16:35-16:45 Discussant - Sonam Phuntsho Wangdi, Royal Government of Bhutan and LDC Group Chair 16:45-16:55 - Q&As and open discussion 16:55-17:00 - Closing remarks by moderator Please note that this session will not be streamed on the OECD COP26 Virtual Pavilion. If you are interested in following this session virtually, copy-paste the follow URL to your browser to register directly: http://www.cop26eusideevents.eu/

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