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policy instrument · 9 October 2024
Paris Agreement Crediting Mechanism (Article 6.4)
Jurisdiction countryInternational
Instrument typecertification-protocol
Authoritygovernment
Scopecarbon removal and point-source capture
Statusin-force
DetailMarket-based instrument under the Paris Agreement allowing countries to voluntarily trade credits from emission reduction and removal projects to fulfill Nationally Determined Contributions (NDCs). Governed by the Article 6.4 Supervisory Body. Credits called Article 6.4 Emission Reductions (A6.4ERs) cover both emission reductions and carbon removal. Removal activities receive maximum 15-year credi
Monetary note2% of Article 6.4 credits subject to cancellation (Overall Mitigation in Global Emissions clause); 5% of credits dedicated to Adaptation Fund (Share of Proceeds for Adaptation); fees apply for registration, inclusion, issuance, renewal, and post-registration
Stated statusin-force
Pathway scopeall-cdr
Pathway notegeneric 'Standard on activities involving removals' with no pathway singled out
Stated jurisdictionGlobal
Previous authorityregistry
Correction noteWritten by a government or intergovernmental body, so a policy and not a standard.
Correction date2026-10-28
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