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The Paris Agreement Crediting Mechanism (PACM, also known as the Article 6.4 mechanism) is going through another round of public consultations. One key document on the table is the draft standard on non-permanence/reversals, which has sparked a lot of questions.
What are the options on the table? What does it mean for different types of carbon removal projects? How are the various documents up for public consultation via the Methodology Expert Panel and the PACM Supervisory Body connected?
There is no better person to help with deciphering the content and process than Danny Cullenward, a member of the PACM Methodological Expert Panel. Co-author of the influential book “Making Climate Policy Work”, his research and advice have influenced the architecture of carbon markets globally. Danny speaks in his individual capacity and does not represent the MEP or the PACM at our live session.
Join co-host Eve Tamme and Danny as they discusses the reversals standard under consideration, and what it means for building international carbon markets under the Paris Agreement.
Links:
- Eve Tamme: LinkedIn and Website
- Danny Cullenward: Bluesky and Website
- PACM draft standard on addressing non-permanence/reversals
- PACM concept note on the applicability of removal guidance to emission reduction activities and vice versa
- PACM standard on requirements for activities involving removals
- Consultation response by Perspective Climate Research
- Call for input - Draft Standard: Addressing non-permanence/reversals
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