| 파리협정 제6조의 승인에 대한 연구: 환경건전성을 중심으로 | |
| Research on the authorization of Article 6 of the Paris Agreement: Focusing on environmental integrity | |
| 남은빈 | |
| Nam, Eunbin | |
| Article 6 of the Paris Agreement introduces the concept of international carbon markets based on voluntary cooperation. The ITMO authorization process which is critical for determining corresponding adjustments, faces controversy regarding the timing and scope of changes. However, there is a consensus on aligning it with the environmental integrity principle to prevent a net increase in global greenhouse gas emissions from Article 6 activities. Therefore, this study extracts three key elements of environmental integrity related to ITMO authorization, including robust accounting, use of ITMOs toward Nationally Determined Contribution (NDC) or Other International Mitigation Purposes (OIMP) after actual mitigation outcome occurred, and the credibility of the market participants, and analyzes the impact of each possible authorization timings and changes of Article 6.2 and 6.4 through scenario-based analysis. The study reveals that authorization after the occurrence of mitigation outcomes before issuance can better preserve environmental integrity. Also, the changes of the authorization purpose after the first transfer may decrease market participants’ trust and produce administrative inefficiencies. Finally, if authorization is revoked after the first transfer, it could result in a net increase in emissions, ultimately undermining environmental integrity. In conclusion, this research highlights the importance of appropriate authorization timing considering the flexibility of the ITMO usage plan and conservative approach to any authorization modifications due to its potential to undermine environmental integrity while safeguarding unexpected situations involving carbon reversals or leakages. | |
| Article 6 of the Paris Agreement, International Carbon Market, Article 6 Authorization, Environmental Integrity, ITMO (Internationally Transferred Mitigation Outcome) Authorization | |
 1501-08.pdf | |
| 2093-5919 | |
| 2586-2782 | |
| 2024-02 |
