ICR Article 6.2 Procedures v2.0

Summary

ICR serves as a framework for climate projects of any size, promoting environmental integrity through accelerating credible action and ensuring credibility, consistency, and transparency in quantification, monitoring, reporting, validation, and verification

Version no.	2.0
Date of Version	06. March 2026

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ICR Article 6-2 Procedures v2.0.pdf

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Introduction

0.1 Article 6.2

Article 6 of the Paris Agreement addresses cooperative approaches that parties can use to achieve their Nationally Determined Contributions (NDCs) to mitigate climate change. It is designed to promote cooperation in implementing NDCs, allowing for greater flexibility and efficiency in achieving climate goals.

Article 6.2 of the Paris Agreement facilitates international cooperation in achieving climate goals by enabling the transfer of internationally transferred mitigation outcomes (ITMOs). Article 6.2 allows countries to work together by transferring GHG emissions mitigation outcomes across borders, which can be counted toward their respective NDCs.

The primary objective of Article 6.2 is to enhance the flexibility, cost-effectiveness, and ambition of global climate action. All cooperative activities are expected to contribute to sustainable development, reinforcing the Paris Agreement's broader goals of fighting climate change while promoting economic and social advancement.

By leveraging Article 6.2, countries can meet their NDCs more efficiently and foster international collaboration in support of the objectives of the Paris Agreement and sustainable development.

0.2 CORSIA

GHG emissions from international aviation are not accounted for within the national mitigation targets established by countries under the Paris Agreement as these GHG emissions are not captured under the national reporting of GHG emissions, and thus excluded from NDCs. However, GHG emissions from international aviation account for approximately 2% of global GHG emissions.

The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) represents an effort by the International Civil Aviation Organization (ICAO) to address GHG emissions from international aviation and their impacts on climate change.

In an effort to ensure carbon-neutral growth from 2020 onwards, CORSIA is a key component of the aviation industry's broader strategy to mitigate climate change from aviation, which also includes technological advancements, operational efficiencies, and the adoption of sustainable aviation fuels.

Central to CORSIA is the establishment of a baseline, defined as the average GHG emissions from international aviation in 2019 and 2020. This baseline serves as the reference point against which future GHG emissions are measured.

To ensure transparency and accountability, airlines must adhere to a robust Monitoring, Reporting, and Verification (MRV) system involving annual monitoring and reporting of GHG emissions to national authorities, and verification of the data by independent third parties.

CORSIA's implementation is structured in phases to gradually bring the global aviation industry into compliance:

• Pilot Phase (2021-2023): Participation is voluntary, allowing early adopters to begin implementing and refining the scheme.

• First Phase (2024-2026): This phase also remains voluntary, providing additional time for states to join and participate.

• Second Phase (2027-2035): Participation becomes mandatory for all ICAO member states, with exemptions for least developed countries, small island developing states, landlocked developing countries, and countries with minimal international aviation activity.

Airlines are required to offset their GHG emissions growth by purchasing eligible emission units (carbon credits) that may be authorized for international transfer under Article 6.2, preventing double claiming of the GHG emission mitigation outcomes. The offsetting requirement is calculated based on the difference between the airline’s annual GHG emissions and the established baseline. Only GHG emission units that meet ICAO’s criteria for environmental integrity, additionality, and transparency are eligible for compliance.

0.3 Voluntary Compensation

Despite the fact that under the Paris Agreement, nations have committed to limiting global warming to 1.5°C and achieving a balance between GHG emissions and removals in the second half of this century, current mitigation commitments fall significantly short of the necessary scale and speed required to meet the long-term goals of the Paris Agreement.

To bridge this “ambition gap,” GHG emission mitigation efforts worldwide need to urgently intensify by accelerating GHG emission mitigations on an unprecedented scale and pace. Countries need to both implement their existing national targets and increase their ambition. Actions by organizations are crucial in achieving and enhancing national targets, and can also support efforts beyond current NDCs. Engaging the entire society in taking action and cooperating across boundaries is essential for success in this critical transformation.

The Paris Agreement recognizes that market-based cooperation under its Article 6 enables higher ambition in climate action. The Article 6 framework can be utilized for market-based cooperation to achieve national targets and for other purposes, such as the voluntary use of carbon credits.

Voluntary compensation involves the purchase and retirement of carbon credits generated from GHG projects. The core principle behind voluntary compensation is that these GHG emissions mitigation outcomes are additional, meaning they would not have occurred without the voluntary initiative.

Both at the national and the organizational level fully eliminating their GHG emissions is often not feasible and can be a time-consuming process. To complement efforts implemented by organizations, they can support GHG emission mitigation outcomes achieved outside their value chains and boundaries. This can be accomplished by purchasing carbon credits from projects registered with GHG programs. The voluntary purchase and use of such carbon credits enable entities to support greater, faster, and earlier mitigation than they could achieve through their own ambitious actions alone.

The support can assist the host country of the project in meeting its targets or help GHG emission mitigation globally beyond national targets, thereby contributing to global ambition-raising. Through the voluntary use of carbon credits, users can make public claims about contributing to national targets, counterbalancing specific GHG emissions, or supporting global ambition-raising.

To genuinely contribute to GHG emission mitigation, voluntary use of carbon credits needs to be of high integrity meaning organizations should use carbon credits only to supplement, not substitute. their efforts to reduce their own GHG emissions, and they should be transparent about their targets, emissions, and carbon credit use. They should utilize high-quality carbon credits that represent real, additional, permanent, and verified GHG emission mitigation outcomes. They may be purchased to support the host country to meet its NDCs or to increase ambition under the Paris Agreement preventing double claiming of GHG emission mitigation outcomes under the Paris agreement. This involves organizations to understand their claims regarding the use of carbon credits which should be truthful, clear and transparent.

Cooperation is a powerful tool for enhancing learning, scalability, and cost-effectiveness, which, in turn, can drive greater ambition.

0.4 Summary

Ensuring the quality and integrity of carbon credits is crucial. Robust standards and oversight are needed to prevent or identify issues such as double issuance, double use, and double claiming, and to ensure that offsets represent genuine, additional GHG emissions mitigation outcomes.

These requirements and procedures are intended to ensure alignment with the requirements of Decision 2/CMA.3, Guidance on cooperative approaches referred to in Article 6, paragraph 2, of the Paris Agreement (Article 6.2) and CORSIA eligibility criteria.

Figure 1: Double claiming under the Paris Agreement

1. Scope

This document specifies requirements and procedures for projects seeking eligibility for designation of ICCs as Article 6.2 ICCs representing internationally transferred mitigation outcomes (ITMOs) at the time of registration and/or at the time of issuance of ICCs intended for international transfer under Article 6.2 of the Paris Agreement.

2. Normative References

• ICR Requirement Document

• ICR Definitions

• ICR Process Requirements

• ICAO Document - CORSIA Emissions Unit Eligibility Criteria

• The Paris Agreement

• Decision 2/CMA.3

• Decision 18/CMA.1

3. Definitions

For the purposes of this document, the terms and definitions given in the ICR definitions document apply together with relevant definitions and acronyms used by ICAO and the UNFCCC relating to the operation of internationally transferred mitigation outcomes (ITMOs).

In addition, the following definitions apply:

Double Claim means a situation in which two or more parties claim the same GHG emission mitigation outcome toward their national or sector-wide GHG emission reduction cap or target or mitigation obligation (e.g., mitigation targets/pledges under the Paris Agreement as formulated in nationally determined contributions (NDCs) and/or airplane operators offsetting obligation under CORSIA).

Host Country Letter of Attestation and Authorization or Letter of Attestation and Authorization means a letter issued by a designated national authority or other authorized focal point of the host country in which the GHG project is located confirming that the host country authorizes the international transfer of mitigation outcomes and a corresponding adjustment shall be applied by the host country (letter).

Non-Corresponding Adjustment means a situation in which a host-country, that has issued a letter of attestation and authorization, fails to apply the corresponding adjustment associated with mitigation outcomes authorized for international transfer within the applicable timeframe.

Non-Corresponding Adjustment Event means an event identified by ICR where a non-corresponding adjustment has occurred and which triggers the application of the compensation mechanism described in this document.

4. General

The requirements presented in this document relating to double issuance, double use and double claiming are additional to the requirements set out in section 5.8 of the ICR requirement document. This document establishes additional requirements and procedures for GHG projects to demonstrate that project registration and the issuance of ICCs are consistent with Article 6.2 of the Paris Agreement and the CORSIA Emissions Unit Eligibility Criteria.

The requirements will be updated periodically as the Article 6.2 framework for cooperative approaches evolves but are intended to reflect current best practice.

The applicability of this document is limited to projects that intend to be eligible as Article 6.2 ICCs or ITMOs at the time of registration and/or at the time of issuance of ICCs.

ICCs that have been designated as Article 6.2 ICCs are identified specifically in the ICR registry and the unique serial identifier and associated vintage indicate whether the ICC is eligible for international transfer^[1].

This document is intended for use by project proponents, host countries, insurance companies, VVBs and ICR and guidance for the UNFCCC and ICAO.

4.1. Eligibility

Only projects that have received a valid letter from the host country permitting international transfer of GHG emission mitigation outcomes are eligible for designation of Article 6.2 ICCs.

Only projects located in host countries that have established a national framework permitting participation in cooperative approaches under Article 6.2 of the Paris Agreement are eligible for international transfers.

Projects whose activities are required by law or regulation (Additionality Level 2b) are not eligible for authorization for international transfer under Article 6.2.

Eligible projects shall not issue ex-ante ICCs during the crediting period.

Only projects that apply an ICR approved methodology are eligible for international transfers unless the project applies criteria and procedures that have been explicitly approved by the host country and accepted by ICR.

Only projects with vintages from 2021 onward with a valid letter are eligible for international transfer.

Transfers of Article 6.2 ICCs shall occur only in whole tonnes of CO₂ equivalent (tCO₂-e).

Eligibility for international transfer shall be limited to the scope specified in the host country letter, including any limitations related to project types, vintages, volumes, or authorized uses.

Where ICR receives authorization under CORSIA or other compliance schemes relying on international transfers or ITMOs, ICR may specify the applicable scope of eligibility in a dedicated document outlining any additional conditions or limitations of applicability.

5. Prevention of Double Counting

Requirements for avoiding double counting are provided in section 5.8 of the ICR requirement document. ICR further has procedures to prevent issuance, double use, and double claims of GHG emission mitigation outcomes. ICR procedures also apply under double counting relating to CORSIA and Article 6.2.

To avoid double claiming in relation to countries' progress towards mitigation targets pledged in their NDCs, countries may authorize the use of carbon credits by other parties of the Paris Agreement to meet their NDCs, airplane operators under CORSIA or other use and ensure they report to the UNFCCC and make corresponding adjustments (CAs)^[2]. Countries are required to report to the UNFCCC and make CAs as mandated by the UNFCCC^[3]. ICR will seek evidence that these pledged CAs have been made.

For ICR, ICCs determined by ICAO to be CORSIA-eligible emissions units or eligible as ITMOs Article 6.2 ICCs (ITMOs), the steps outlined in the flowchart below shall be followed for projects and the ICCs to be eligible for use under CORSIA, under Article 6.2 or by voluntary means requiring the CAs to be applied by host country.

The project proponent is responsible for some steps while ensuring that ICR and VVBs will review, approve and report all determinations and associated documentation. Below are details for the numbered steps in Figure 1:

Figure 2: Steps for avoiding double counting

I. Host Country Letter of Attestation and Authorization

The project proponent shall obtain and submit a letter of attestation and authorization from the host country confirming that the CA shall be applied by the host country (the letter) to ICR. All letters are publicly available on the ICR registry. ICR will only designate ICCs as eligible for Article 6.2, CORSIA or for voluntary claims requiring the CA to be applied by host country, once the letter has been uploaded to the registry and reviewed by the ICR, only to any limit established in the letter, and as long as all other ICR, CORSIA, Article 6.2 or applicable international requirements are met. The letter shall at minimum include:

I.1. Identification of The Authorizing Party

1. Name of the host country

2. Name of the government authority issuing the authorization

3. Name and title of the authorized representative

4. National focal point for Article 6 (or designated authority)

5. Official address and contact details

I.2. Identification of The Cooperative Approach

1. Name of the cooperative approach (if applicable)

2. Unique cooperative approach identifier (if assigned)

3. Participating parties involved in the cooperative approach

4. Registry or system used for tracking mitigation outcomes

I.3. Identification of The Authorized Activity

1. Project name

2. Unique project identifier (e.g. ICR project ID)

3. Project developer or proponent

4. Sector and methodology or standard applied

5. Host country location of the activity

I.4. Authorized Mitigation Outcomes

1. Type of mitigation outcomes (e.g. RAD, CDR, hybrid)

2. Metric used (e.g. tCO₂-e)

3. Unit type (e.g. ITMOs or Article 6.2 ICCs)

4. Authorized vintages

5. Authorized crediting period

6. Any quantity limits if applicable

I.5. Authorized Uses of Mitigation Outcomes

1. Achievement of another party’s NDC

2. International mitigation purposes

3. CORSIA compliance

4. Other purposes authorized by the host country

I.6. Statement on Avoidance of Double Counting

The authorization shall confirm that the host country will:

1. Apply CA consistent with Article 6.2 guidance

2. Report such adjustments in accordance with the relevant provisions of the Paris Agreement

I.7. Corresponding Adjustment and Accounting Method

1. The host country’s definition of “first transfer”

2. The timing of CA

3. The accounting method used by the host country consistent with Article 6.2 guidance

I.8. Publication

The authorization shall permit the ICR to:

1. Publish the authorization document; or

2. Publish the relevant information contained in the authorization on the registry.

I.9. Validity

The authorization shall specify:

1. The date of issuance

2. The effective start date

3. The expiration date (if applicable)

I.10. Changes or Revocation

The host country shall notify ICR without delay if:

1. The authorization is amended,

2. The scope of authorization is reduced, or

3. The authorization is withdrawn.

I.11. Confirmation of Authority

The authorization shall include confirmation that:

1. The issuing authority is legally empowered to issue the authorization on behalf of the host country;

2. The authorization complies with the host country’s national Article 6 regulatory framework.

The project proponent shall use, or rely on the ICR Letter of Attestation template, template by the UNFCCC^[4], or a market standard letter of attestation template.

In addition to the above, ICR promotes that the project proponent and the national authorized entity consider that the letter and any agreements relating to the project activities should, where relevant:

1. Constitute a legally valid, binding and enforceable agreement against the contracting entity(ies) of the host government, under the laws of the host country. For this, the project proponent and/or other relevant partners to the project (such as investors) should seek legal opinion from local counsel as to the validity and enforceability of its terms;

2. Contain clear governing law and dispute resolution provisions, including rights of recourse against the host government via arbitration, clearly outlining actions required by each party to the contract and under what circumstances each can terminate any agreements;

3. Clearly outline circumstances under which the host country’s government’s non-compliance with its terms constitutes a material breach of any agreements;

4. The letter specifically should contain the appropriate provisions outlining the host country’s authorization regarding the use of Article 6.2 ICCs (ITMOs) towards other international mitigation purposes, and its commitment to apply and report the CAs in its accounting for NDCs under UNFCCC Article 6.2 rules.

I.12. Time of Submission

Project proponents shall submit the letter together with the project documentation required for pre-registration according to the ICR process requirements. Submission will enable VVBs and ICR to assess the completeness, authenticity and legitimacy of the letter prior to the project registration. Where the letter can’t be submitted by the project proponent as part of request for pre-registration, the letter shall be submitted together with the final documentation for registration according to section 7.5 of the ICR process requirements.

Where the letter cannot be submitted at the time of registration, the project proponent may submit the letter after project registration, together with the monitoring and verification documentation submitted for issuance of ICCs.

A project shall not be designated as Article 6.2 eligible, nor shall ICCs be designated as Article 6.2 ICCs, until:

• The letter has been received by ICR;

• The letter has been reviewed by ICR for completeness, authenticity, and compliance with the requirements set out in this document;

• The letter has been uploaded and made publicly available on the ICR registry.

Until such time, the project may be identified in the registry as “Article 6.2 authorization pending” or “in the process of obtaining host country authorization.”

Where ICCs are issued prior to receipt and verification of the letter, such ICCs shall be issued as standard ICCs without authorization for international transfer. Upon receipt and approval of the letter, and subject to any limits specified in the letter (including authorized use, quantity, vintages, or time period), remaining eligible ICCs may be designated or converted to Article 6.2 ICCs in accordance with this procedure. In such cases original ICCs are cancelled according to section 9.3 of the ICR process requirements.

II. Issuance and Retirements

II.1. Issuance

Issuance of Article 6.2 ICCs shall follow the process outlined in section 8.3 and 8.4 in ICR process requirements. In addition to the process outlined therein, the following applies.

ICCs shall not be designated as Article 6.2 ICCs, including the assignment of identifiers indicating host country authorization (see section 8.1 of the ICR process requirements), until:

• The project proponent has submitted the letter to ICR,

• The letter has been uploaded to the ICR registry,

• ICR has confirmed the authenticity and legitimacy of the letter.

Where the letter has not been submitted and the project proponent intends to request issuance, ICCs may be issued as standard ICCs without authorization for international transfer.

Once the letter has been submitted and approved by ICR, and subject to any limitations specified in the letter, eligible ICCs may be designated or converted to Article 6.2 ICCs.

Where the letter specifies limitations on authorized use, volume, vintages, crediting periods, or other conditions, ICR shall ensure that only ICCs within those limits are designated as Article 6.2 ICCs.

Any deductions due to adjustment deposits shall follow the provisions set out in section II.3.

II.2. Retirements

Retirements of ICCs follow the procedures outlined in section 9.2 of the ICR process requirements. In addition, the following provisions apply for Article 6.2 ICCs.

The registry shall identify the status of corresponding adjustments for retired Article 6.2 ICCs as follows:

• Pending CA: Where the corresponding adjustment has not yet been confirmed by ICR;

• CA applied: Where ICR has confirmed that the corresponding adjustment has been applied by the host country;

• No CA applied: Where ICR has determined that a corresponding adjustment has not been applied within the applicable timeframe.

The status of corresponding adjustments shall be publicly reflected in the ICR registry.

II.3. ICR Compensation Mechanism Under International Transfers

The project proponent and/or other related partners (such as investors, lenders, or buyers) shall compensate for, replace or otherwise reconcile instances where Article 6.2 ICCs used for international transfers are double claimed by the host country toward achievement of its NDC.

Project proponents and/or other related partners shall establish a compensation mechanism to compensate for any double claims of GHG emission mitigation units between airplane operators using units for CORSIA compliance, or other international transfers of GHG emission mitigation outcomes.

Compensation is required where a corresponding adjustment (CA) has not been applied, or credible evidence of the host country’s intention to apply the CA cannot be obtained by ICR within twelve (12) months after the deadline for reporting the CA to the UNFCCC by the host country (15 April annually). See section V below on non-CA events.

The compensation mechanism may include one or more of the following options:

a. Insurance / Guarantee:

A legally binding guarantee or insurance policy that provides sufficient remedies either in financial value or replacement instruments to mitigate any non-CA events (a “Replacement Contribution”).

Any replacement instruments shall be Article 6.2 eligible ICCs, or comparable ITMOs, that have not been transferred, retired or otherwise committed. The replacement contribution shall be used to address the host country’s double claim of GHG emission mitigation outcomes under its NDC.

Such guarantees or insurance policies may be provided by a third-party investment grade financial institution providing guarantees or insurance that meets ICR insurance eligibility criteria.

The third-party shall have an investment grade credit rating and valid regulatory license to operate in the applicable jurisdiction(s). The party that obtains or benefits from the compensation mechanism (“Loss Payee”) could be:

1. The project proponent

2. The related partner, investor, lender or buyer

3. ICR

b. Adjustment Deposit:

Project proponents shall contribute ICCs to an ICR Article 6.2 double claiming adjustment account as a safeguard to ensure replacement of Article 6.2 ICCs corresponding to units that are double claimed by the host country.

In the event of a confirmed double claim, ICR shall cancel Article 6.2 ICCs held in the non-corresponding adjustment account (non-CA adjustment account) to compensate the host country’s double claim of GHG emission mitigation outcomes.

The contribution to the non-CA adjustment account (“Article 6.2 account”) shall be determined as a percentage of issued Article 6.2 ICCs.

To determine the contribution level, ICR shall conduct a risk assessment of double claim risk. Risk factors considered include but are not limited to host country risk, project-specific risk, counterparty risk, and political and regulatory risk factors that could result in a non-CA event.

When reporting on non-CA risk, the ICR risk assessment template shall be used.

To conduct the assessment ICR may rely on external risk advisors. The non-CA adjustment account is managed according to section 8.5.3 of the ICR process requirements.

ICR will manage Article 6.2 ICCs deposited to the non-CA adjustment account, taking into account project type and the risk of reversal, and in accordance with the procedures prescribed in section 8.5.2 of the ICR Process Requirements

Projects with non-permanence risk that have obtained a Letter of Authorization shall contribute to the Article 6.2 non-permanence risk adjustment account based on the risk assessment, see section 8.4.2 of the ICR process requirements. Any non-permanence events resulting from an activity under these procedures shall be compensated from the Article 6.2 non-permanence risk adjustment account.

III. ICR Annual Reporting

ICR will publish, and publicly disclose, annual reports that provide aggregated information related to any issuance, transfer and retirements of Article 6.2 ICCs.

ICR will publish these reports within six (6) months after the end of each calendar year and will make the reports publicly available and provide them to ICAO, to all host countries related to issued Article 6.2 ICCs and to the UNFCCC.

Reported information will include:

1. Quantity of Article 6.2 ICCs issued and designated by host country, calendar year, including quantities retired for different purposes of use or claims, including

   1. CORSIA compliance

   2. Achievement of another party’s NDC under article 6.2

   3. Voluntary claims

   4. Cancellations or replacement associated with any double claim.

2. Quantity of Article 6.2 ICCs retired by the airplane operator for each CORSIA compliance period, aggregated by host country and calendar year.

3. The maximum number of GHG emission mitigation outcomes from ICR projects authorized by host countries for use by other countries or entities, by host country and calendar year.

4. Status of CA associated with retired Article 6.2 ICCs, including quantities identified as pending CA, confirmed CA applied, or non-CA events where applicable.

IV. Corresponding Adjustment Confirmation

ICR shall monitor and seek evidence of the application of CAs by host countries for projects that have received a LoA for the international transfer of GHG emission mitigation outcomes in the host country’s Biennial Transparency Reports (BTRs) to the UNFCCC and annual information submissions as referred in B Annex IV 2/CMA.3.

The host country reports should, where possible, clearly reference projects (e.g. IDs) and Article 6.2 ICCs (e.g., using project identifiers or serial numbers) as well as a reference to the letter for which the host country has applied the CA.

Once evidence of the application of the CA has been confirmed, ICR will record and publicly disclose such confirmation on the ICR registry and indicate that a CA has been applied for each project and vintage.

Where confirmation of a CA has not yet been obtained, the registry shall indicate that the CA status is pending. If ICR determines that a CA has not been applied within the applicable timeframe, the situation shall be treated as a non-corresponding adjustment event in accordance with Section V.

V. Non-Corresponding Adjustment Events for Article 6.2 ICCs Double Claim

A non-CA event occurs where the host country has not applied a CA associated with Article 6.2 ICCs, or where credible evidence of the intention to apply the CA cannot be obtained by ICR within twelve (12) months after the deadline for reporting such adjustment to the UNFCCC (15 April annually).

Where such a non-CA event occurs, the project proponent and/or other related partner approved by ICR, or ICR shall compensate for the non-CA event for the volume of GHG emission mitigation outcomes that have been double claimed following its compensation mechanism described in section II.3.

ICR will inform relevant stakeholders, including the host country, UNFCCC and ICAO (where applicable), and will evaluate possible revisions to the host country’s risk classification or whether to cease designating ICCs from the respective host country as eligible Article 6.2 ICCs.

If ICR determines that a double claim exists in relation to GHG emission mitigation outcomes issued as Article 6.2 ICCs, the double claim shall be compensated.

a. For Article 6.2 ICCs with Insurance the following applies:

The approved insurance company shall compensate for the double claim as outlined under the terms and conditions of its insurance policy.

This compensation may be provided either as financial compensation or in-kind.

If replacement instruments are provided in-kind, ICR shall determine whether such instruments are fungible with the affected Article 6.2 ICCs subject to the non-CA event.

b. For Article 6.2 ICCs with Adjustment Deposit to ICR Article 6.2 Account the following applies:

For non-CA events where adjustment deposit has been applied the following sequential steps apply.

1. Where excess Article 6.2 ICCs remain in the non-CA adjustment account that are not subject to the double claim, and it can be demonstrated that they have not been used for compensation purposes, ICR shall immediately cancel the Article 6.2 ICCs.

2. Where excess Article 6.2 ICCs from other projects remain in the Article 6.2 account that are not subject to the double claim, ICR shall immediately cancel the Article 6.2 ICCs.

3. The project proponent and/or other related partner shall deposit Article 6.2 ICCs to ICR's non-CA adjustment account for an amount equivalent to the double claim or any remaining amount to be compensated, which shall be cancelled by ICR.

4. Purchase by the project proponent of an equivalent number of replacement Article 6 credits and cancellation of the same within sixty (60) business days of receiving formal ICR notification of such required action.

5. Replacement of Article 6.2 ICCs through immediate cancellation from subsequent issuances of Article 6.2 ICCs from the project provided that no additional double claim exists. If the project proponent has no holding of Article 6.2 ICCs on its registry account, deductions shall be applied to subsequent issuances of Article 6.2 ICCs.

For projects that have been exposed to non-CA events ICR may suspend any further Article 6.2 ICC issuances of the project until ICR has received confirmation that a CA has been applied and reported by the host country and that previous non-CA events have been fully rectified.

Appendix – Document history

Version	Date	Comment
1.0	15.10.2024	First version. Minor changes made after public consultation.
2.0	6.3.2026	Alignment with current best practice. Expanded LoA content requirements and clarified submission timing, strengthened issuance/designation controls, added CA-status labels in the registry, formalized compensation options and the non-CA trigger, expanded annual reporting, refined CA confirmation, and strengthened eligibility criteria.

1. See ICR process requirements section 8.1. ↑

2. III. B Decision 2/CMA.3 of the UNFCCC ↑

3. IV. Decision 2/CMA.3 of the UNFCCC ↑

4. A6.2-TMPL-RPTG-004 ↑