The latest text would carry over any offsets registered since 2013.
“Panama will not accept the proposed text in Article 6 as it currently stands,” Juan Carlos Monterrey Gomez, lead negotiator for Panama, said.
“It’s a strong text on double counting,” said Kelley Kizzier, a vice president at the Environmental Defense Fund, who has chaired the Article 6 talks at past U.N.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.