Oğuz Tosun

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Oğuz Tosun is the Region Head - Turkey & MENA at EKI Energy Services Limited, the world’s largest carbon consulting company, where his focus is carbon pricing instruments. He is also a board member of Global Balance Association.

Oğuz Tosun

Nov 07 2022

A COP27 guide for decoding Article 6 negotiations: the evolution, the fundamentals, and the needs

Illuminem Voices

Sustainable Business · Sustainable Finance

UNFCCC is currently holding the 27th Conference of the Parties (COP 27) in Sharm el-Sheikh, Egypt between 6-18 November 2022. As the adverse impacts of climate change becomes more visible, the seriousness of the attentions that are withdrawn by climate negotiations as part of the COPs increases every year. Today several climate action authorities and experts, including myself, believes that the UN Summits refer to a never-ending chain of inconclusion. When it especially comes to the most historically critical and plugged issues of UN climate negotiations such as carbon markets, many confusions on understanding the future destinations of global climate action air. For instance, addressing the current carbon roadmap included by Article 6 of the Paris Agreement and the required future adjustments have been one of most effort consuming topics in the last three COPs.