The adoption process for the Standard on Addressing Non-permanence and Reversals in Mechanism Methodologies involved two rounds of input requests. IETA participated in all written consultations and also attended the SB017 and SB018 meetings in Bonn in person as an observer.
The Article 6.4 Supervisory Body concluded its meeting in Bonn on 10 October (SBM018), with the adoption of the much-debated Standard on Non-Permanence and Reversals, a pivotal milestone in advancing PACM. IETA recognises the more balanced and pragmatic outcome achieved in Bonn, a significant improvement over the earlier draft that would have excluded nature-based and land-based activities from participation under the Paris Agreement Crediting Mechanism (PACM). The decision preserves space for nature-based solutions while maintaining environmental integrity and scientific rigour.
Several issues remain open and will now be determined at the methodology level, requiring further technical work and engagement from parties and stakeholders. IETA will continue to engage closely with the Supervisory Body, Parties, and expert groups to ensure that Article 6.4 evolves into a high-integrity, inclusive, and investable mechanism that supports countries and companies alike in achieving their climate goals.
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