Canada is exploring a framework to let its companies trade internationally transferred mitigation outcomes (ITMOs) under Article 6 of the Paris Agreement. The government says it could unlock billions in investment and help scale carbon removal tech. The announcement follows COP29's deal on Article 6 rules. If done right, this gives Canadian projects access to international buyers and could fund domestic mitigation. But the details on verification and environmental integrity are still thin. The framework needs to avoid the pitfalls of offset markets where claims don't hold up. Investors want clarity on how reductions will be certified and tracked.
