Carbon Market Watch

For fair and effective climate protection.

Carbon Market Watch submission to SBSTA on the Sustainable Development Mechanism

06 Oct 2016

Submission PDF (English)

Following the precedent of the Kyoto Flexible Mechanisms – the Clean Development Mechanism (CDM) and Joint Implementation (JI) – the Paris Agreement established a new ‘mechanism to contribute to the mitigation of greenhouse gas emissions and support sustainable development’. The new mechanism bears some similarity to the CDM and JI, but will function in a radically changed world where Parties have committed to a new 1.5 C degree target, longer term deep de-carbonization, and a new climate regime in which all Parties make a variety of contributions.

In elaborating the rules, modalities and procedures of the new mechanism, it is essential that Parties flesh out a mechanism that accomplishes three key goals:

  • Foster higher ambition for climate action;
  • Ensure environmental integrity; and
  • Contribute to sustainable development and uphold human rights