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."
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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.
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.