From the Andean Hearth to the Global Market: Latin America and Its New Carbon Sales Amid Uncertainty
Latin America is positioning itself as a supplier of carbon credits under Article 6 of the Paris Agreement, but experts warn the region could “oversell” low-cost mitigation today and face higher domestic costs later to meet its Nationally Determined Contributions (NDCs), climate commitments made by countries.
The story opens with the Peru–Switzerland deal (improved cookstoves) as the world’s first bilateral agreement under Article 6.2 of the Paris Agreement, then contrasts it with Article 6.4—a...
The story opens with the Peru–Switzerland deal (improved cookstoves) as the world’s first bilateral agreement under Article 6.2 of the Paris Agreement, then contrasts it with Article 6.4—a...