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🚨 In the last hours at #COP27 Parties proposed a new agreement on #CarbonMarkets that does not include any meaningful references to #HumanRights & Indigenous Peoples rights & could undermine ambition & effective #ClimateAction.

πŸ—£οΈ This text MUST BE REJECTED.
🟒The good: The recommendations on #Article6o4 (carbon markets) will be sent back to the #SupervisoryBody with a request for more stakeholder engagement BUT this will be the same body tasked with the same mandate that came up with a very bad decision at the beginning of #COP27.
The bad:
πŸ”΄ No operative reference to #HumanRights, #IndigenousPeoples rights & labour rights
πŸ”΄ No reference to the work needed to be grounded in intl law & science
πŸ”΄ Reference to environmental & social impacts opens the door for the weakening of language & sets precedents.
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