Contents: Guidance for Countries in Assessing ERC Projects
Find a full outline to sections found in the Guidance for Countries in Assessing ERC Projects.
UNLOCKING GLOBAL EMISSION REDUCTION CREDIT (Main Landing Page)
Abbreviations: Guidance for Countries in Assessing ERC Projects
Find a list of helpful terms used in the Guidance for Countries in Assessing ERC Projects.
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ACR |
American Carbon Registry |
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AFOLU |
Agriculture, Forestry and Other Land Uses |
Appendices: Guidance for Countries in Assessing ERC Projects
The Appendices under the Emission Reduction Program (ERP) include:
Appendix A - Appendix A includes a Project Profile Template. The Excel template provides toolkit for the PPP Models with a workbook including Guide, Project Profile, Inputs Assumptions, NPV Calcs and Country Input.
Further Guidance for Application
The carbon market landscape is in a state of rapid and continuous evolution, and it is crucial that countries embrace the ability to adapt and reflect the latest market developments. At the same time, alongside global market shifts, the interactions and implications at a local level also differ from country to country. While the Guidelines was developed based on insights from various sources that reflect the market standards and expectations for high-quality ERCs, it is important to note that these perspectives are dynamic.
Determining Country Inputs
Determining Country Inputs provides a deep dive on Step Zero of the process, before going into the project-level assessment. This step aims to provide a country-wide view on the alignment of various project types with its strategic objectives, which will be used in the Project Profile Template in Appendix A.
Project Assessment Template
In Appendix B you will find the Project Assessment Templates. The assessment will focus on the following objectives and criteria to conduct a further evaluation of the priority projects identified.
MRT Energy Efficiencies Model for ERP
Model 1 in the ERP Project Guidelines: MRT Energy Efficiency Deployment leveraging an Existing-Refurbish- User-Tariffs model.
Recovery Bonds: Innovative Sovereign Bond Structures for Financing a Sustainable Recovery
Both sovereign green bonds and FFSR bonds offer a promising framework to deliver sustainable recovery finance. There are significant opportunities for investment in key sectors like renewable energy, clean water supply, and waste management, as well as the potential to reduce reliance on fossil fuels. These sectors are particularly important to a post-COVID-19 economic recovery and will require trillions of dollars of investment over the coming decades.