TNPSC Thervupettagam

Carbon Credits and Climate Integrity

October 12 , 2026 10 hrs 0 min 31 0
  • At least 130 civil society organisations urged the United Nations (UN) carbon market body to suspend carbon credits issued for a cookstove project in Myanmar, the first project approved under Article 6.4 of the Paris Agreement to receive credits in February 2026.
  • Article 6.4 establishes a UN-supervised mechanism for generating carbon credits through emissions-reduction projects, which can be transferred between countries under specified rules.
  • The project, managed by South Korea’s Climate Change Center (CCC), distributes fuel-efficient cookstoves intended to reduce firewood consumption and carbon emissions.
  • Earlier analyses estimated that the project may have received 14 times more credits than justified under the Clean Development Mechanism (CDM) and seven times more under Article 6.4.
  • The organisations raised concerns about independent verification, human rights safeguards, women’s participation and the possibility of financial benefits reaching Myanmar’s military authorities.

 

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