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The Paris Agreement’s Article 6 Market Mechanisms and wto Law

The Paris Agreement’s Article 6 Market Mechanisms and wto Law AbstractThe article analyses the market-based approaches in Article 6 of the Paris Agreement with respect to their potential interaction with international trade law. It focuses on the international dimension of Article 6 and the tensions associated with international trading of mitigation outcomes (under paragraphs 2–3 of the Article) and emission-reduction units generated through the sustainable development mechanism (paragraphs 4–7). We find that while there are significant normative tensions and legal uncertainties in the relationship between the regimes, international cooperation across the two law- and policy-making arenas could also help to develop new approaches to aligning wto trade law with international climate objectives. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Climate Law Brill

The Paris Agreement’s Article 6 Market Mechanisms and wto Law

Climate Law , Volume 11 (3-4): 19 – Nov 16, 2021

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Publisher
Brill
Copyright
Copyright © Koninklijke Brill NV, Leiden, The Netherlands
ISSN
1878-6553
eISSN
1878-6561
DOI
10.1163/18786561-11030004
Publisher site
See Article on Publisher Site

Abstract

AbstractThe article analyses the market-based approaches in Article 6 of the Paris Agreement with respect to their potential interaction with international trade law. It focuses on the international dimension of Article 6 and the tensions associated with international trading of mitigation outcomes (under paragraphs 2–3 of the Article) and emission-reduction units generated through the sustainable development mechanism (paragraphs 4–7). We find that while there are significant normative tensions and legal uncertainties in the relationship between the regimes, international cooperation across the two law- and policy-making arenas could also help to develop new approaches to aligning wto trade law with international climate objectives.

Journal

Climate LawBrill

Published: Nov 16, 2021

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