The part of the Paris Agreement that governs international carbon markets — Article 6 — is finally moving forward. The details are still falling into place, including for a centrally run carbon-trading platform, which isn't yet operational but is inching toward launch. Once Article 6 becomes operational, it would prepare the runway for the 2027 launch of the mandatory phase for Corsia — the International Civil Aviation Organization's Carbon Offsetting and Reduction Scheme for International Aviation. Methodologies governing specific types of carbon-cutting projects that would underpin either centrally or bilaterally traded credits are due to be released in several batches starting in October, Energy Intelligence has learned.
Carbon Markets Make Progress With Fleshing Out of Article 6
International carbon markets may finally become a reality as details for implementing Article 6 fall into place.






