Carbon offset drafts opens the door to 'risky and dangerous practices'
In response to a draft document submitted by the Article 6.4 Supervisory Body during COP27 about carbon offsets, Kelly Stone, Senior Policy Analyst at ActionAid USA, said:
"The decisions made by the Article 6.4 Supervisory Body in the middle of the night would open the door to a wide range of risky and dangerous practices, including ocean fertilization and counting furniture as a carbon offset, thus promoting the construction of more tree or bioenergy plantations which would undoubtedly lead to land grabs. This is the worst-case scenario for indigenous people and human rights.
"This decision clearly hasn't been properly considered and if adopted would have profound implications for Article 6.4 mechanism and the Paris Agreement."
To contact the ActionAid press office email media-enquiries@actionaid.org.uk
Notes to Editor
Last year a supervisory body was established for Article 6.4 as a technical body to operationalise the market mechanism under Article 6.4 of the Paris Agreement. Two key things the Article 6.4 Supervisory Body was tasked with after COP26 were: coming up with the methodologies for markets and figuring out how removals might fit into the market mechanism.
About ActionAid
ActionAid is a global federation working with more than 15 million people living in more than 40 of the world’s poorest countries. We want to see a just, fair, and sustainable world, in which everybody enjoys the right to a life of dignity, and freedom from poverty and oppression. We work to achieve social justice and gender equality and to eradicate poverty.