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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…
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Globally Accepted Methodologies
table, th, td { border:1px solid #ffffff; padding:10px } S3: Globally accepted methodologies. This element focuses on ensuring that the standards and methodologies adopted by governments for…
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Emission Reduction Credits
table, th, td { border:1px solid #ffffff; padding:10px } Emission reduction credits (ERCs) can be a key component of a country’s decarbonization strategy, enabling them to avoid/mitigate…
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The World Bank's Emission Reduction Program (ERP)
Overview of World Bank’s ERPThe ERP includes two main workstreams.Workstream One is focused on ERC market development, by providing governments with access to knowledge and technical assistance…
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Australia Climate Active
The official website of Australia Climate Active.
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Corresponding Adjustment and Pricing of Mitigation Outcomes
This paper aims to develop guidance on the pricing based on opportunity cost pricing for Adjusted ERCs. Adjusted ERCs are emission reduction credits that come with corresponding adjustment.
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Developing an Article 6 Strategy for Host Countries
This paper addresses the first two levels only, while the operational decisions will be addressed in other Article 6 Approach Papers and related guidance. After presenting some fundamental concepts…
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Infrastructure to Meet Reporting Requirements under Article 6
This approach paper aims to reach a common understanding on what market infrastructure may be needed at the national and international level to meet transparency and integrity requirements of Article…
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Carbon Asset Development Process
This note seeks to identify processes for the generation and transfer of carbon assets in post2020 international climate markets and to suggest standard terminology in the carbon asset development…
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Country Processes and Institutional Arrangements for Article 6 Transactions
This note introduces the country processes and institutional arrangements that will be needed for Article 6 transactions, and that countries could begin to pilot now. This includes what new legal,…
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Ensuring Environmental Integrity under Article 6 Mechanisms
This paper examines factors that affect environmental integrity under Article 6 of the Paris Agreement, and identifies practical approaches for implementing the concept based on lessons learned from…
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Mitigation Action Assessment Protocol
In light of the bottom-up nature of climate actions and policies, and its potential challenges for assessing individual and collective impact of different mitigation actions, as well as ensuring…
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Digital Monitoring, Reporting, and Verification Systems and Their Application in Future Carbon Markets
The purpose of this technical report is to illustrate the need for digital monitoring, reporting, and verification (D-MRV) systems to underpin future carbon markets under the goals of the Paris…
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Standardized Crediting Framework
The Standardized Crediting Framework (SCF) is a streamlined, country-owned emissions reduction crediting framework that improves transparency of national crediting decision making, reduces…
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CER Compliance Offset Program
The Compliance Offsets Program is an important cost-containment element within the broader Cap-and-Trade Program. The California Air Resources Board issues ARB Offset Credits to qualifying projects…