GLOSSARY

ITMOs (Internationally Transferred Mitigation Outcomes)

Reductions resulting from GHG reduction projects implemented under Articles 6.2 may require government approval, depending on their intended use. The reductions that have been approved by the government are called ITMOs (Internationally Transferred Mitigation Outcomes), which require corresponding adjustment when transferred internationally.

Learn more: Article 6 of the Paris Agreement and Carbon Credit Market -COP29 Agreement over 9 years after the Paris Agreement was signed- (First Part)

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