Bonn Climate Change Conference
News:
The Bonn Climate Change Conference is scheduled to take place in Germany from June 5-15, 2023.
What:
- The Bonn Conference will advance discussions on how countries can cooperate to fulfill their nationally determined contributions (NDCs) under the Paris Agreement, specifically through provisions made under Article 6.
- Article 6 of the Paris Agreement deals with trading carbon credits, allowing countries to trade greenhouse gas emission reduction outcomes.
What to expect:
- The conference will focus on technical details to inform discussions at the 28th Conference of Parties (COP28) to the United Nations Framework Convention on Climate Change, which will be held in December 2023 in the United Arab Emirates.
- Discussions at the Bonn Conference will address the special circumstances of least developed countries and small island developing states in the mechanism and transfer of Internationally transferred mitigation outcomes (ITMOs), a unit of trade.
- The conference will cover topics such as the confidentiality of information regarding mitigation efforts, corresponding adjustments, and the process for authorizing and using ITMOs.
- The agenda also includes further work on the rules, modalities, and procedures for Article 6.4, focusing on determining the scope of activities, establishing connections between registries, and addressing the necessary information for authorizing emissions reductions transfers.
Significance:
- The Bonn Conference plays a crucial role in advancing international cooperation and addressing technical aspects related to climate change mitigation and the implementation of NDCs.
- It provides an opportunity for countries to discuss and develop rules and mechanisms for carbon trading and collaboration.
Who:
- The conference will involve representatives and experts from participating countries, international organizations, and stakeholders in climate change and environmental sectors.
Where:
- Bonn, Germany.
When:
- June 5-15, 2023.
MCQ:
What is the primary focus of the discussions to be held at the Bonn Climate Change Conference in 2023?
A. Trading of carbon credits under the Paris Agreement’s Article 6
B. Addressing the mitigation efforts and corresponding adjustments of ITMOs
C. Developing rules and mechanisms for international cooperation
D. Establishing connections between climate change registries for emissions reductions transfers
Answer:
A. Trading of carbon credits under the Paris Agreement’s Article 6
Explanation: The primary discussion at the Bonn Climate Change Conference will focus on how countries can fulfill their Nationally Determined Contributions (NDCs) under the Paris Agreement, particularly through provisions made under Article 6 which deals with trading carbon credits.
