This report details the work undertaken by the Supervisory Body for the mechanism established by Article 6, paragraph 4, of the Paris Agreement between 10 October 2024 and 30 October 2025, including information on progress in implementing the mechanism during its fourth year of operation. It provides an opportunity for the Supervisory Body to make recommendations for consideration by and seek guidance from the Conference of the Parties serving as the meeting of the Parties to the Paris Agreement at its seventh session.