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policy instrument
Article 6 policy framework for international carbon markets
Jurisdiction countryCanada
Instrument typetrade-border
Authoritygovernment
Scopecarbon removal only
Statusproposed
DetailThe Canadian government announced it will develop a policy framework under Article 6 of the Paris Agreement, allowing domestic carbon removal companies to participate in international carbon markets. Per industry group Carbon Removal Canada, such a framework would establish clear accounting and authorization rules so Canadian carbon removal projects could produce credits that become international
Stated statusproposed
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