Negotiations on Article 6 at the UN Cop 26 climate summit in Glasgow remain stuck on the same issues that have plagued it since the Paris accord was agreed in 2015.
The three issues that remain to be settled concern the share of proceeds, which refers to the levy on some bilateral trade of carbon credits to help provide adaption finance; corresponding adjustments to prevent double counting of credits; and the carryover of pre-2020 credits, Norway climate and environment minister Sveinung Rotevatn reported to the Cop 26 presidency stock-taking meeting today.
Norway and Singapore sustainability and environment minister Grace Fu are facilitating political negotiations on Article 6.
There is a "spirit of looking for solutions", Rotevatn said. "We are not done, we will continue to work", he said.
The ministers have had 15 bilateral meetings in the past two days with negotiation alliance groups and had a group meeting of all participants this morning.
The latest draft of the negotiation text for Article 6 issued in the early hours of this morning was little changed from the previous version from 6 November.
