Enel Foundation and the Harvard Project on Climate Agreements host discussion at Bobby-26 on study about transnational cooperation under the Paris agreement
Enel Foundation, together with the Harvard Project on Climate Agreements, and the Foundation Environment-Law Society (FURG), will host moment the “ Securing Climate Ambition with Cooperative Approaches Options under Article 6” event in Glasgow, Scotland, at the 26th Conference of the Parties ( Bobby-26) to the United Nations Framework Convention on Climate Change. The event focuses on a new study, “ Advancing International Cooperation under the Paris Agreement Issues and Options for Article 6”, penned by Professor MichaelA. Mehling, Deputy Director at the Center for Energy and Environmental Policy Research at the Massachusetts Institute of Technology, with the scientific donation of Enel Foundation, which was lately published by the Harvard Project on Climate Agreements.
Nicolò Sartori, Elderly Experimenter Enel Foundation, said “ Beyond oddities, by completely enforcing Art. 6-the missing piece of the Paris Agreement rulebook we can grease adding ambition and rally investments through cooperation and request mechanisms. This paper clarifies the issues at stake and the space for concession, hopefully helping the parties reach an agreement in the remaining days of COP26 in Glasgow.”
The paper analyzes the main issues and options of Composition 6 of the Paris Agreement, and explores possible issues from the ongoing Bobby-26 in Glasgow. Composition 6 provides openings of transnational cooperation for public governments and the private sector as they apply their nationally determined benefactions (NDCs) to address climate change. In particular, Composition 6 sets out three main paths, including collaborative approaches through the use of internationally transferred mitigation issues (ITMOs); a new crediting medium, occasionally appertained to as the “ Sustainable Development Medium”; and a frame fornon-market approaches.
According to Mehling’s study, transnational cooperation under Composition 6 is crucial to promote stronger mitigation conduct and progress on the coming NDC cycle in order to achieve the Paris Agreement’s temperature stabilization targets. Still, Mehling argues that sufficient integrity needs to be assured to avoid creating a distorted incitement for unborn NDCs so as not to weaken ambition under the Paris Agreement. Likewise, the paper highlights the significance of developing rules and guidance for perpetration of Composition 6 to overcome the “ formative nebulosity” of the composition, which may lead to misconstructions and clashing shoes.
The panel discussion will feature the perspectives of Professor Mehling along with Daniele Agostini, Head of Energy and Climate Programs at Enel; Kelley Kizzier, Vice President for Global Climate, Environmental Defense Fund; and Robert Stavins, Director, Harvard Project on Climate Agreements.
Enel Foundation is anon-profit association fastening on the pivotal part of clean energy to insure a sustainable future for all. By developing hookups with pre-eminent experts and institutions across the globe, using on the vast knowledge of its authors, Enel Foundation conducts exploration to explore the counteraccusations of global challenges in the energy sphere and offers education programs to the benefit of bents in the scientific, business and institutional realms.