What is Article 6.2 of the Paris Agreement?
Under Article 6.2 of the Paris Agreement, countries can trade emissions reductions bilaterally.
In other words, Article 6.2 enables a host country to sell units to a buyer country, in exchange for investments, support for capacity building, and access to technologies not available through domestic resources. The buyer country purchases these units, known as Internationally Transferred Mitigation Outcomes (ITMOs), to address any gaps in meeting its own climate goals.
What is Article 6 Technical Expert Review?
Under the Paris Agreement’s Article 6.2, countries engaging in cooperative approaches must submit detailed reports, which are reviewed through the Article 6 Technical Expert Review (TER) process. Coordinated by the secretariat and guided by CMA decisions, this review ensures transparency and accuracy while remaining nonintrusive and respectful of national sovereignty. To find out more, click here.
What is CARP?
To facilitate the sharing of reports and information under Article 6.2, countries agreed to set up a Centralized Accounting and Reporting Platform (CARP).
This platform provides:
- Guidance on how to submit information and a list of frequently asked questions
- Templates for submissions
- A list of reports by submitted by participating countries
- A list of authorizations
What is the International Registry?
The international registry is a system managed by the UNFCCC secretariat that tracks carbon credits known as internationally transferred mitigation outcomes (ITMOs). It is available to countries and authorized entities and is part of the centralized accounting and reporting platform (CARP). The registry tracks ITMOs from issuance to use or transfer and also helps automatically fill in required reporting information. To find out more, click here.
