Regulation 3 Carbon unitsF1

For the purposes of Part 2 of the Environment (Wales) Act 2016, Article 6.4 emissions reductions are carbon units.

Each carbon unit has a value of 1 tonne of carbon dioxide equivalent.

In this regulation, “Article 6.4 emissions reduction” means a credit issued under Article 6.4 of the Paris Agreement and the decisions adopted under the UNFCCC or the Paris Agreement.