Ensuring that offsets and other internationally transferred mitigation outcomes contribute effectively to limiting global warming

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dc.contributor.authorAllen, Myles R.
dc.contributor.authorTanaka, Katsumasa
dc.contributor.authorMacey, Adrian
dc.contributor.authorCain, Michelle
dc.contributor.authorJenkins, Stuart
dc.contributor.authorLynch, John
dc.contributor.authorSmith, Matthew
dc.date.accessioned2021-07-09T10:48:52Z
dc.date.available2021-07-09T10:48:52Z
dc.date.issued2021-06-23
dc.description.abstractEnsuring the environmental integrity of internationally transferred mitigation outcomes, whether through offset arrangements, a market mechanism or non-market approaches, is a priority for the implementation of Article 6 of the Paris Agreement. Any conventional transferred mitigation outcome, such as an offset agreement, that involves exchanging greenhouse gases with different lifetimes can increase global warming on some timescales. We show that a simple "do no harm" principle regarding the choice of metrics to use in such transactions can be used to guard against this, noting that it may also be applicable in other contexts such as voluntary and compliance carbon markets. We also show that both approximate and exact "warming equivalent" exchanges are possible, but present challenges of implementation in any conventional market. Warming-equivalent emissions may, however, be useful in formulating warming budgets in a two-basket approach to mitigation and in reporting contributions to warming in the context of the global stocktake.en_UK
dc.identifier.citationAllen M, Tanaka K, Macey AH, et al., (2021) Ensuring that offsets and other internationally transferred mitigation outcomes contribute effectively to limiting global warming. Environmental Research Letters, Volume 16, Issue 7, 2021 Article number 074009en_UK
dc.identifier.issn1748-9326
dc.identifier.urihttps://doi.org/10.1088/1748-9326/abfcf9
dc.identifier.urihttp://dspace.lib.cranfield.ac.uk/handle/1826/16863
dc.language.isoenen_UK
dc.publisherIOPen_UK
dc.rightsAttribution 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.subjectParis Agreementen_UK
dc.subjectwarming equivalenten_UK
dc.subjectmitigation outcomesen_UK
dc.titleEnsuring that offsets and other internationally transferred mitigation outcomes contribute effectively to limiting global warmingen_UK
dc.typeArticleen_UK

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