Business View Caribbean | Volume 8, Issue 8

5 BUSINESS VIEW CARIBBEAN VOLUME 8, ISSUE 8 emissions and adapt to the impacts of climate change) have not yielded what is necessary to ensure that the goals set in the Paris Agreement would be achieved. Some of the issues associated with the Paris Agreement include establishing the rules for carbon market mechanisms under Article 6 of the Agreement to ensure that there is an overall mitigation in greenhouse gas emissions at the global level, adequate share of proceeds (finance) from market mechanisms for adaptation efforts, and ensuring the integrity of mechanisms to avoid double counting of emissions reductions. Another key issue is that of the common timeframe for countries to submit their Nationally Determined Contributions (NDCs). It is important for there to be a common cycle for submission of NDCs to facilitate an understanding of the global mitigation efforts, the ease of tracking of emissions reductions towards meeting the temperature goal, and for countries to account for their commitments all at the same time. Issues related to transparency of reporting of NDC implementation were also discussed at the CCCCC Meeting. To bolster the Region’s efforts regarding the global climate situation, Minister Robinson- Regis highlighted to her CARICOM colleagues, OPENING L INES Mr. Kishan Kumarsingh, Head of the Ministry’s Multilateral Environmental Agreements Unit (MEAU) is one of the team members leading T&T’s preparations for the UN’s November 2021, virtual climate change meetings.