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COP27 Scorecard Comes Up Short After Overtime

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CHAPTER

Is the Door Still Open to 1.5?

I think Article 6.2 deals are starting to happen more frequently, these bilateral deals. The real kind of issue is when the Article 6.4, this new global offset market mechanism actually can begin given these further delays. And so perhaps the most important thing at least in my mind as you head into a clock is how are we doing against the emissions reduction targets that so many countries have stated? I would still say that we should still be aiming for that target and strive towards it.

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