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Selva Ozelli's picture

Selva Ozelli Esq, CPA is a legal and finance executive with diversified experience dealing with highly complex issues in the field of international taxation and related matters within the...

  • Member since 2019
  • 35 items added with 35,265 views
  • Nov 22, 2021

my latest article for Cointelegraph

Matt Chester's picture
Matt Chester on Nov 22, 2021

Article 6 of the Paris Agreement, which covers international cooperation — including carbon markets — established new rules for trading carbon credits representing a metric ton of carbon that has been reduced or removed from the atmosphere. The new rules create an accounting system that is intended to prevent the double-counting of emissions reductions and is made up of two parts: a centralized system open to the public and private sectors, and a separate bilateral system that will allow countries to trade credits that they can use to help meet their decarbonization targets.

These have long been messy parts of any sort of carbon credit/trading system. Do you think this will sufficiently plug those gaps or is it more of a band aid on a solution that needs more care and attention?

Selva Ozelli's picture
Thank Selva for the Post!
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