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UNFCCCverified 2026-06-14paris

Paris Agreement Article 6 (Carbon Markets)

Latest version · Rules finalised COP29 (2024); methodology / removal standards approved

Indian use case

India has Article 6.2 MoCs with Japan (JCM), South Korea, and is negotiating with Singapore and Sweden. ~511 CDM activities in transition pipeline to Article 6.4.

Key points

  • Corresponding adjustments mandatory for ITMOs.
  • Letters of Authorisation (LoA) issued by host country.
  • PACM Supervisory Body governs methodologies and removals.

Sources

Related Indian regulation

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ESGgyan extracted
2026-06-14
Last verified
2026-06-14
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