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Chile and Japan Adopt New JCM Rules for ITMO Transfers
On October 5 the Chile–Japan JCM Joint Committee adopted new rules letting Chile authorize projects and transfer ITMOs to Japan; 17 projects are queued.
Germany Tenders for Up to 1.1M Article 6.4 Carbon Credits
On October 7, Germany's UBA tendered for up to 1.1 million Article 6.4 credits to offset 2025 federal official travel, nearly 40% more than last year.
PACM Article 6.4: Baseline Pace and Cookstove Reversal Risk
The UN Article 6.4 mechanism (PACM) Supervisory Body's 23rd meeting weighed how fast baselines should fall and if cookstoves must pay into a reversal buffer.
Canada Develops ITMO Framework for Paris Agreement Article 6
Canada said on September 24, 2026 it is developing a framework for trading ITMOs under Paris Agreement Article 6 to fund carbon removal. Rules await talks.