The Institute for Global Environmental Strategies (IGES) partnered with Perspectives Climate Research to launch the International Initiative for Development of Article 6 Methodology tools (II-AMT).
While carbon markets under the Paris Agreement can start following the adoption of the Article 6 rulebook approved at COP26 in Glasgow, there are no agreed methodologies to calculate baseline emissions or monitor mitigation under Article 6. This initiative, II-AMT will develop Article 6 methodology tools throughout 2022 that combine baseline and monitoring methodologies that have been used under the Kyoto Protocol’s Clean Development Mechanism (CDM). II-AMT will therefore enable Article 6 activity developers and regulators to use the existing methodologies while respecting the principles and approaches of Article 6. Thus, Article 6 methodologies do not need to be developed “from scratch”, which would take many years and would require significant financial and human resources.
The conceptualisation phase of II-AMT will run until April 2022 and is supported by the Ministry of the Environment, Japan, the Swedish Energy Agency, and the African Development Bank.
II-AMT brings together experts who provide different perspectives from their knowledge of climate policies and practices in key regions combined with long-standing expertise in developing CDM methodologies. The international team of experts includes:
- Kentaro Takahashi, IGES, Japan
- Naoki Matsuo, IGES, Japan
- Axel Michaelowa, Perspectives Climate Research, Switzerland
- Clayton Munnings, Munnings Consulting, US
- Derik Broekhoff, Stockholm Environment Institute, US
- Jessica Wade-Murphy, Atmosphere Alternative, Colombia
- Martha Ntabadde, Freelance Consultant and member of the CDM methodologies panel, Uganda
- Randall Spalding-Fecher, Carbon Limits, Norway
The Article 6 methodological tools will provide practical guidance to developers of Article 6 activities to:
- Determine the additionality of Article 6 activities
- Set a robust crediting baseline
- Monitor, report and verify (MRV) emissions and emission reductions
- Identify and report on contributions to the host country’s NDC and long-term strategy
The development of these tools will include regular interactions with an advisory board and Article 6 stakeholders through a series of dedicated workshops. For updates on the initiative, please visit here.
Download the original press relase here.