Article 6.2 Cooperation
A framework enabling countries to cooperate in achieving their NDC targets through internationally transferred mitigation outcomes cost-effectively, transparently, and with environmental integrity.
Benefits of Article 6.2 cooperation
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Cost-effectiveness
Countries achieve NDC targets at lower cost by leveraging mitigation opportunities across regions.
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Technology transfer
Promotes the exchange of technologies and expertise between participating countries.
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Enhanced ambition
Encourages countries to go beyond current commitments by unlocking additional mitigation opportunities.
Implementation requirements
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1
Establish governance structures
Create frameworks to oversee ITMO transactions and ensure proper oversight throughout the process.
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2
Ensure transparency
Report on ITMO use through biennial transparency reports submitted to the UNFCCC.
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3
Apply corresponding adjustments
Ensure emission reductions are accurately accounted for in national inventories to avoid double counting.
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4
Demonstrate contribution to NDCs
Clearly link ITMO transactions to the achievement of national climate targets.
Rwanda's approach
Rwanda has embraced Article 6.2 as part of its strategy to achieve ambitious climate targets while advancing sustainable development. Through cooperative approaches, Rwanda seeks to:
- Attract investments in renewable energy, sustainable agriculture, and forestry projects
- Ensure robust governance frameworks for ITMO participation
- Leverage international cooperation to enhance climate action at the national level
Key features
Internationally transferred mitigation outcomes
ITMOs represent emission reductions or removals quantified in metric tons of CO2 equivalent (CO2e).
They are traded between countries to support NDC implementation - allowing one country to meet targets using reductions generated elsewhere.
Environmental integrity and transparency
Transactions are governed by rigorous transparency frameworks ensuring accountability of mitigation outcomes.
Countries must apply robust accounting methods to prevent double counting of emission reductions across national inventories.
Flexibility for cooperation
Article 6.2 allows bilateral or multilateral cooperation, enabling countries to tailor agreements to their specific needs.
These cooperative approaches encourage innovation and cost-effectiveness in achieving emission reduction targets.
Linkage to sustainable development
While focused on emissions trading, Article 6.2 emphasises the need for projects to align with sustainable development goals.
Participating countries are encouraged to report on how ITMO activities contribute to social, economic, and environmental objectives.