Member Corner
GECF Expert Commentary, Unlocking Article 6.4 of Paris Agreement: Implication For Natural Gas Sector
As carbon markets expand, the adoption of Article 6.4 of the Paris Agreement at COP29 marks a turning point, creating a unified international framework for crediting emissions reductions.
In our latest expert piece, we explore how the new Paris Agreement Crediting Mechanism (PACM) can reshape the future of natural gas in energy transitions by:
• Enhancing the competitiveness of gas over coal through carbon pricing
• Supporting investments in CCUS, methane abatement, and clean tech
• Enabling crediting for unavoidable emissions via offsets and removals
Especially in coal-reliant regions like Asia-Pacific, natural gas remains essential for balancing energy reliability, affordability, and climate ambition. Read how PACM can strengthen the role of gas in a decarbonised future.
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