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Internationally Transferred Mitigation Outcomes (ITMO)
European Union Carbon Market Glossary

 

 

Internationally Transferred Mitigation Outcomes (ITMO) are units from the new mechanism for the international emissions trading between Parties to the Paris Agreement.

 

General rules in this regard are stipulated in Article 6(2) of the Paris Agreement but details for this mechanism are to be established yet.

  

 

 

Paris Agreement, Article 6(2) and (4)

 

Parties shall, where engaging on a voluntary basis in cooperative approaches that involve the use of internationally transferred mitigation outcomes towards nationally determined contributions, promote sustainable development and ensure environmental integrity and transparency, including in governance, and shall apply robust accounting to ensure, inter alia, the avoidance of double counting, consistent with guidance adopted by the Conference of the Parties serving as the meeting of the Parties to this Agreement.

 

 

 

 

 

 

 

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Internationally Transferred Mitigation Outcomes (ITMO) - regulatory chronicle

  

 

 

 

 

 

 

 

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    Documentation    

 

 

 

 

 

 

 

 

 

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    Links    

 

 

 

 

 

 

 

Last Updated on Saturday, 20 July 2019 14:24
 

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