This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
Welcome to Reed Smith's viewpoints — timely commentary from our lawyers on topics relevant to your business and wider industry. Browse to see the latest news and subscribe to receive updates on topics that matter to you, directly to your mailbox.
| less than a minute read

Paris Agreement Article 6 Rules

One point of progress at COP26 was measures adopted in moving Article 6.2 and 6.4 implementation forward.  While there is still work to be done, it is clear that no transaction fee will be assessed for bilateral and multilateral transfers between countries (a victory for first world nations) and meaningful steps were taken to create a centralized hub to replace the Clean Development Mechanism.

In approving the Glasgow Pact, world leaders formally approved rules for implementing Article 6 (specifically Sections 6.2 and 6.4) of the Paris Agreement.


cop26, article6, parisagreement