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Approval of Paris Agreement Rules to bring Investments in Eco-Projects, Experts Say

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Approval of rules for implementation of Article 6 of the Paris Agreement concluded in 2015 will result in greater investments in green projects, experts say. “The progress made in Glasgow is a crucial step toward keeping global average temperature rise below 1.5 Degrees C. After six years of negotiations, the rules allowing countries to trade carbon credits with each other, known as Article 6.2, have been agreed with the exception of some operational elements,” said James Roth, Senior Vice-President Global Policy and Government Affairs, Conservation International. “That means countries now have all the tools they need to ensure high-quality, consistent…

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