Emission Reduction Program

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Socioeconomic Value (Initial Profiling and Preliminary Decision)

table, th, td { border:1px solid #ffffff; padding:10px } S2: Socioeconomic value: As indicated in Introduction to the Project Assessment Framework, a project’s socioeconomic value at this…

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Additional Value Enabled by Project (Initial Profiling and Preliminary Decision)

table, th, td { border:1px solid #ffffff; padding:10px } F2: Additional value enabled by project: For many projects, beyond the revenues from selling ERCs, the project activities also…

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Project ERC Value (Initial Profiling and Preliminary Decision)

table, th, td { border:1px solid #ffffff; padding:10px } F1: Project ERC value: As the first criterion to assess the project’s high-level potential for value maximization, or the potential…

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Article 6 Readiness and Eligibility

table, th, td { border:1px solid #ffffff; padding:10px } S3: Article 6 readiness and eligibility: As the mechanisms and rules for Article 6 of the Paris Agreement continue to develop, Article 6…

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Carbon Integrity and Environmental and Social Risk Management

table, th, td { border:1px solid #ffffff; padding:10px } C1, C2, and C3: Carbon integrity and environmental and social risk management: As indicated in Introduction to the Project…

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Green Economy Priorities

table, th, td { border:1px solid #ffffff; padding:10px } S1: Green economy priorities is the only component assessed under Step Zero of the process, where a set of inputs per country are…

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Appendices: Country System Assessments

Beyond capability development, cooperative approaches may also be beneficial across other market development activities. See Appendix A to understand more on the extent to which cooperation on a…

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Contents: Country System Assessments

Find a full outline to sections and resources found in the Strategic Guidance for Country System Assessments. UNLOCKING GLOBAL EMISSION REDUCTION CREDIT (Main Landing Page)Strategic Guidance for…

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Abbreviations: Country System Assessments

Find a list of helpful terms used in the Strategic Guidance for Country System Assessments Guidelines. ACR American Carbon Registry [USA] ACCU Australian Carbon Credit Units […

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Sample Country Assessment Pages

Appendix B of Strategic Guidance for Country System AssessmentsCountry Baseline: Sets the context for the country's position and progress in its legal and institutional frameworksSample…

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Approach for Cooperative Approaches

Appendix A of Strategic Guidance for Country System AssessmentsBeyond capability development, cooperative approaches may also be beneficial across other market development activities.…

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Scope for Further Refinements

The carbon market landscape continues to evolve rapidly, and it is crucial that countries embrace the ability to adapt and reflect the latest market developments. Scope for Further Refinements…

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Defined Article 6 Transaction Frameworks

table, th, td { border:1px solid #ffffff; padding:10px } D1: Defined Article 6 transaction frameworks. Establishing mechanisms and processes for Article 6 transactions as a host country is an…

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Develops Trading Infrastructure & Mechanisms

table, th, td { border:1px solid #ffffff; padding:10px } D2: Develops trading infrastructure & mechanisms. As countries establish their institutions and work on scaling supply, the…

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Robust MRV Approaches

table, th, td { border:1px solid #ffffff; padding:10px } V1: Robust MRV approaches. For countries choosing to roll out their own crediting systems, identifying the distinct and complementary…

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Defined Benefit-Sharing Frameworks

table, th, td { border:1px solid #ffffff; padding:10px } S4: Defined benefit-sharing frameworks. Given the increasing importance of stakeholder engagement in ERC projects, governments may…

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Adequate VVB capabilities

table, th, td { border:1px solid #ffffff; padding:10px } V2: Adequate VVB capabilities. To have a sufficiently scaled ERC supply landscape, it is important to have equally sufficient and…

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Streamlined Project Permitting

table, th, td { border:1px solid #ffffff; padding:10px } S2: Streamlined project permitting. Streamlined permitting processes for ERC projects are essential for project developers to deploy…

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Well-Defined Asset Rights

table, th, td { border:1px solid #ffffff; padding:10px } S1: Well-defined asset rights. It is essential for developers to be granted legal safeguards that assign them the rights to ERC asset(s…

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Transparency and Accountability Mechanisms in Place

table, th, td { border:1px solid #ffffff; padding:10px } I3: Transparency and accountability mechanisms in place. Ensuring transparency and accountability is crucial for the successful…

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Capabilities Developed

table, th, td { border:1px solid #ffffff; padding:10px } I2: Capabilities developed. The successful implementation of policies relating to ERCs is highly dependent on well-resourced executing…

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Appropriate Institutional Mandates

table, th, td { border:1px solid #ffffff; padding:10px } I1: Appropriate institutional mandates: A critical factor for the successful implementation of policies related to ERCs is the level of…

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Framework Component Deep Dives

Introduction to the Deep-DivesEach component in the Country System Assessment Framework is discussed in-depth in this section to enable users to develop the Assessment for the target country. Each…

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Process to Conducting Assessments: Country Assessment

 Figure 3. Country assessment processStep One: Define country contextStep One is to evaluate the country's policies and institutional arrangements pertaining to ERCs. This should contextualize…

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Introduction to the Country System Assessment Framework

table, th, td { border:1px solid #ffffff; padding:10px } To enable the generation, monitoring, and monetization of ERCs internationally, the policy framework should aspire to the following…