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Image of boardroom. Nationally Determined Contributions (NDCs) 3.0 postponed: What does this  mean for Article 6?

NDCs 3.0 postponed: What does this mean for Article 6?

  • Sebastien Cross
    Chief Innovation Officer & Co-founder
  • Lily Ginsberg-Keig
    Senior Manager, Policy and Government Engagement
14 February 20256 min
  • Markets and Policy

  • Less than 10% of countries submitted their updated NDCs before the deadline was postponed to September, creating uncertainty on climate ambition and participation in Article 6. 

  • Without clarity on countries' post-2030 climate targets future supply and demand trends are unpredictable with an increased risk of countries overselling.

  • Ratings can help navigate market uncertainty by identifying and assessing the risks underlying the projects.

Contents

  • Introduction 

  • Back to basics 

  • NDC ambition delayed

  • What are the implications for the Article 6 market?

  • Conclusion

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