Adaptation issues were at the forefront of the paris agreement. Collective long-term adaptation objectives are included in the agreement and countries must be accountable for their adaptation measures, making adaptation a parallel element of the mitigation agreement.  Adaptation objectives focus on improving adaptive capacity, resilience and vulnerability limitation.  Under the Paris Agreement, each country must define, plan and report regularly on its contribution to warming mitigation.  There is no mechanism for a country to set an emission target for a specified date, but any target should go beyond the previous targets. The United States formally withdrew from the agreement the day after the 2020 presidential election, although President-elect Joe Biden said America would return to the agreement after his inauguration.  However, this would not be “true” OMGE, as defined by the NewClimate Institute and others, since the additional 20 tonnes of emissions would still be charged to the NDC of the country of origin, unlike the NDC of the country to which the loans were sold. This goes against automatic cancellation, where no country can count credits in its NDC. Others exclude using these credits, while others propose using them to go further and achieve more ambitious goals.
This reduction means that emissions and red lines can be exchanged for each other, while negotiators seek to reach agreement on the article 6 regulatory framework. There may also be attempts to link these discussions to other COP political priorities, further complicating matters. If an agreement is reached at the UN summit, the strength of the rules it has established will be very important. However, given that negotiations are close to the deadline of 13 December, an agreement is far from certain. This means that coal markets would generate a flow of financing for developing countries and help finance their climate change preparedness efforts. It is understandable that this was a key issue for small islands and other vulnerable nations, in addition to the achievement of OMGE. At best, proponents argue that Article 6 could provide countries and businesses with the opportunity to work together to reduce CO2 emissions faster than expected. However, there is also concern that Article 6, far from improving the Paris objectives, could jeopardize the whole process.
Institutional asset owners` associations and think-tanks also observed that the stated objectives of the Paris Agreement were implicitly based on the assumption that UN member states, including major polluters such as China, the United States, India, Russia, Japan, Germany, South Korea, Iran, Saudi Arabia, Canada, Indonesia and Mexico , which produce more than half of the world`s greenhouse gas emissions, produce more than half of the world`s greenhouse gas emissions. , willfully and stubbornly reduce their carbon pollution without a binding mechanism to control CO2 emissions at all levels from one plant to another and without specific penalties or tax pressure (. B, for example, a CO2 tax), to avoid misbehaviour.  However, emissions taxes (for example. B a CO2 tax) can be integrated into the country`s NDCs. The main international co2 market system that exists today was established under the 1997 United Nations Kyoto Protocol on Climate Change.