Umbrella Group

The Umbrella Group, prioritizes the implementation of commitments in a way that allows individual countries to maintain sovereignty over their climate policies while still achieving collective climate goals. They emphasize the importance of completing frameworks for transparency and accountability, as seen in their focus on the Enhanced Transparency Framework (ETF), which ensures that countries can transparently track and report their emissions and progress towards their commitments under the Paris Agreement​

The group supports carbon markets under Article 6 of the Paris Agreement, which enables countries to cooperate in meeting climate targets by trading carbon credits. They view such mechanisms as essential for increasing ambition and facilitating cost-effective emissions reductions. Additionally, they acknowledge the importance of adaptation, particularly for vulnerable nations, and are committed to supporting finance initiatives to help developing countries transition to low-carbon, climate-resilient economies​

However, the Umbrella Group often faces criticism from developing countries and environmental organizations for its cautious approach to ambitious emissions reductions. The group’s stance generally reflects a preference for pragmatic, economically viable climate solutions rather than more aggressive, immediate emission cuts that some blocs advocate.