BRIEFING: Article 6.4 Supervisory Body makes headway, first PACM credits may hit market as soon as July

The Article 6.4 Supervisory Body (SBM) is making strong progress on the Paris Agreement Crediting Mechanism (PACM), with the first credits from a transitioning activity on course to reach the market as early as July this year, a UNFCCC official told a webinar on Wednesday.