Avoiding Double Counting under the Paris Agreement
The Paris Agreement is clear that double counting must be avoided, to ensure that emission reductions are only counted once towards the achievement of its long-term temperature goal. Double counting would present a risk to the integrity of the Paris Agreement, including cooperative approaches under Article 6, and could undermine real-world activity to deliver its goals. As such, it is vital that the Paris Agreement’s rulebook contains sufficient safeguards to prevent double-counting: within Parties’ NDCs, between Parties’ NDCs, and between the Paris Agreement and other activities that contribute to its goals, such as the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).
The panel session will be chaired by IETA President and CEO Dirk Forrister, with representation by senior carbon market stakeholders. The discussion will explore the importance of avoiding double-counting from an environmental and corporate perspective, the solutions for doing so, and the wider requirements for environmental integrity under Article 6 of the Paris Agreement. The planned running order for the event is as follows:
13:30 – 13:45 – Welcome and introductions
13:45 – 14:30 – Panel discussion
14:30 – 15:00 – Q&A with audience
Time reflects local Katowice time.
Space in the pavilion will be limited, so we would encourage you to arrive on time in order to secure a seat. If you have any questions ahead of the event, please feel free to contact hugh.salway@beis.gov.uk.
