So, Article 6 of the Paris Agreement required compromise.
There is a tension between ensuring maximum environmental integrity
and ensuring sort of maximum potential cost reductions
and climate finance transfers under Article 6,
and different countries had different visions of what…
which of these objectives should be more important than the other;
and so they had to compromise to some extent.
But I think, you know, and this happened after the paper was released,
that Cop26 in Glasgow did deliver a good,
a solid outcome that both environmental groups
are pretty much happy with and those countries
that were looking to have sort of a tool
that would allow them to sell more credits
and really participate in the market also can live with.
So, I think it's a good, a viable compromise
that opens the door, but again the process will continue,
and continue improving the rules of Article 6
is definitely a challenge going forward.