Towards a global low-carbon transition. Challenges and opportunities concerning the Article 6 of the Paris Agreement - Michele Stua - 22/03/2016

Towards a global low-carbon transition. Challenges and opportunities concerning the Article 6 of the Paris Agreement - Michele Stua - 22/03/2016
The Paris Agreement signed on December 12th 2015 represents a milestone for international action on climate change and a breakthrough for international mitigation policy. While its medium- to long-term outcomes cannot be forecasted at this stage, it is undeniable that a new and challenging phase in the global low-carbon transition has been launched. The new climate policy era offers an enhanced framework for the development and operation of mechanisms aimed at facilitating the low-carbon transition of the economy worldwide. Article 6 in particular represents a cornerstone in defining the basic structure of the new mechanisms included in the Agreement. A mechanism 'open to all' is introduced and an ambitious new phase in the international relations may be forged upon it. Yet the mechanism's structure is barely drawn up and several questions still remain unsolved. Can we expect for the mechanism to establish a global carbon market? How can the mechanism really promote mitigation actions
Monica Burgess
130
3/10/2017
01:13:19
Political Science
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