[image credit: Unsplash/Melissa Bradley]

Calyx Global co-founder Donna Lee shares a view on Article 6.4, the emerging emissions trading mechanism under the Paris Agreement. Read below to hear Donna's take:

Article 6 sets forth international emissions trading under the Paris Agreement. It includes two key provisions: (1) Article 6.2, which is bilateral government-to-government transactions, and (2) Article 6.4, which is a centralized system of trading, similar to the Clean Development Mechanism (CDM). The rules that are agreed under Article 6.4 are important – not only because of the impact on international trading of carbon credits under the Paris Agreement, but also because they will send a signal that can also impact other carbon markets.