The United Nations issued its first carbon credits under the Paris Agreement's Article 6 mechanism, for a clean-cooking project. This operationalises the Paris Agreement's market-based carbon trading mechanism, allowing countries to trade credits to meet their NDC targets.
Environment
UN Issues First Carbon Credits Under Paris Agreement Article 6 Mechanism
Key Points
- The United Nations issued its first carbon credits under the Paris Agreement's Article 6 mechanism, for a clean-cooking project
- This operationalises the Paris Agreement's market-based carbon trading mechanism, allowing countries to trade credits to meet their NDC targets
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📎 Read original source ↗Exam Note
• First UN carbon credits under Paris Agreement Article 6 (June 2026) • Article 6: market-based carbon trading between nations/entities • NDC: Nationally Determined Contribution; India's NDC: 45% emission intensity reduction by 2030
