International emissions trading: US and • Table.Briefings

Wald in Thailand — For instance, the Paris Climate Agreement envisages that countries may trade carbon credits from forest conservation between each other. The details are still being debated.

The EU, USA, China and other countries fight over the details of international emissions trading at COP28. While Europe aims for the strictest possible standards, the US relies on free market forces.

Some technical details of Article 6.2 of the Paris Climate Agreement are still unclear. It is designed to facilitate trading carbon credits between countries and allow the purchasing country to include them in its nationally determined contributions (NDCs).

International emissions trading: US and EU have different interests

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