Crediting Mechanisms Overview

This document provides a summary assessment of (presented) scaled-up crediting instruments as well as existing project-based crediting schemes against a number of important general characteristics of such instruments. Its purpose is to provide insi...

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Main Author: Partnership for Market Readiness
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
AIR
BID
CO
CO2
GHG
Online Access:http://documents.worldbank.org/curated/en/2011/12/24192364/crediting-mechanisms-overview
http://hdl.handle.net/10986/21830
id okr-10986-21830
recordtype oai_dc
spelling okr-10986-218302021-04-23T14:04:04Z Crediting Mechanisms Overview Partnership for Market Readiness ABATEMENT ABSOLUTE EMISSIONS ACCOUNTING AFFORESTATION AIR ALLOWANCES ATMOSPHERE ATMOSPHERIC GREENHOUSE GAS AUCTION BASELINE EMISSIONS BASELINE METHODOLOGIES BID BIDS BROKERS CALCULATION CAPACITY BUILDING CAPS CARBON CARBON CREDITS CARBON EMISSIONS CARBON FINANCE CARBON FOOTPRINT CARBON FUNDS CARBON MARKET CARBON PRICE CARBON TRADING CATERING CERTIFIED EMISSION REDUCTIONS CLEAN DEVELOPMENT CLEAN DEVELOPMENT MECHANISM CLIMATE CLIMATE ACTION CLIMATE CHANGE CLIMATE CHANGE AGREEMENT CLIMATE CHANGE MITIGATION CLIMATE EXCHANGE CO CO2 COMMODITY MARKETS CONSUMER GOODS CREDIBILITY CREDIT SYSTEM CURRENCY DEVELOPING COUNTRIES DEVELOPING COUNTRY DOMESTIC EMISSIONS DOMESTIC MARKET DOMESTIC OFFSETS DOMESTIC SOURCES DUE DILIGENCE ECONOMIC GROWTH ECOSYSTEM ELECTRICITY ELECTRICITY GENERATION ELECTRICITY SECTOR EMISSION EMISSION FACTORS EMISSION REDUCTION EMISSION REDUCTION COMMITMENTS EMISSION REDUCTION OUTCOMES EMISSION REDUCTION UNITS EMISSION REDUCTIONS EMISSIONS EMISSIONS COMMITMENTS EMISSIONS CONTROL EMISSIONS INTENSITY EMISSIONS OBLIGATIONS EMISSIONS REDUCTION EMISSIONS TARGETS ENVIRONMENTAL INTEGRITY FINANCIAL SUPPORT FOREST FOREST ECOSYSTEM FOREST PROJECTS FOREST SECTOR FORESTRY FOSSIL FUELS GHG GOLD GREENHOUSE GREENHOUSE GAS EMISSIONS GREENHOUSE GAS LEVELS GREENHOUSE GASES HOLDING HOST COUNTRIES HOST COUNTRY HOST GOVERNMENT HOT AIR INSTRUMENT INSURANCE INTERNATIONAL CARBON MARKET INTERNATIONAL CARBON MARKETS INTERNATIONAL EMISSIONS INTERNATIONAL MARKET INTERNATIONAL MARKETS INTERNATIONAL STANDARDS INVENTORIES INVENTORY ISSUANCE ISSUANCES LACK OF CREDIBILITY LAND USE LEGAL FRAMEWORK LOCAL GOVERNMENT LOCAL GOVERNMENTS MARKET DEMAND MARKET INFORMATION MARKET MECHANISM MARKET MECHANISMS MARKET PARTICIPANTS MARKET PLAYERS MARKET REGULATORS MARKET SUPPLY MARKETPLACE MITIGATION ACTIONS NATIONAL GRID OFFSET MITIGATION POWER GENERATION POWER PLANTS PRICE DISCOVERY PRICE SCHEDULE PRIVATE BANKS PRIVATE FINANCE PURCHASING REGISTRY SYSTEM REGULATORY FRAMEWORK RESERVE RETAIL REVERSE AUCTION SALE SCENARIOS SPREAD SUPPLIERS SUPPLY CHAIN SUPPLY CHAINS SUPPLY OF CREDITS SUPPLY SIDE SURETY TARGET MARKET TRADABLE CREDITS TRANSACTION TRANSACTION COSTS TRANSPARENCY UNCERTAINTIES UNEP VERIFICATION OF EMISSION REDUCTIONS VOLUNTARY EMISSION VOLUNTARY EMISSIONS WARRANTS This document provides a summary assessment of (presented) scaled-up crediting instruments as well as existing project-based crediting schemes against a number of important general characteristics of such instruments. Its purpose is to provide insights that may inform the design and use of possible scaled-up crediting instruments. This summary assessment begins with an examination of proposals for scaled-up crediting mechanisms. It considers existing crediting instruments, that is, (i) Kyoto project mechanisms (clean development mechanism (CDM) and joint implementation (JI)); and (ii) voluntary emission reductions (VER) schemes (in the non-compliance and voluntary markets). The characteristics (or issues) covered are: (i) national and international circumstances for market-based mechanisms and how these interact; (ii) coverage and boundary setting; (iii) participation and incentives for participation; (iv) caps, baselines, and allocations (or issuance); (v) market integrity and credibility; (vi) monitoring, reporting, and verification (MRV); (vii) program authority and administration; and (viii) potential scaling up modalities. 2015-04-29T20:56:37Z 2015-04-29T20:56:37Z 2011-12 Working Paper http://documents.worldbank.org/curated/en/2011/12/24192364/crediting-mechanisms-overview http://hdl.handle.net/10986/21830 English en_US Partnership for Market Readiness technical papers;no. 1 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ABATEMENT
ABSOLUTE EMISSIONS
ACCOUNTING
AFFORESTATION
AIR
ALLOWANCES
ATMOSPHERE
ATMOSPHERIC GREENHOUSE GAS
AUCTION
BASELINE EMISSIONS
BASELINE METHODOLOGIES
BID
BIDS
BROKERS
CALCULATION
CAPACITY BUILDING
CAPS
CARBON
CARBON CREDITS
CARBON EMISSIONS
CARBON FINANCE
CARBON FOOTPRINT
CARBON FUNDS
CARBON MARKET
CARBON PRICE
CARBON TRADING
CATERING
CERTIFIED EMISSION REDUCTIONS
CLEAN DEVELOPMENT
CLEAN DEVELOPMENT MECHANISM
CLIMATE
CLIMATE ACTION
CLIMATE CHANGE
CLIMATE CHANGE AGREEMENT
CLIMATE CHANGE MITIGATION
CLIMATE EXCHANGE
CO
CO2
COMMODITY MARKETS
CONSUMER GOODS
CREDIBILITY
CREDIT SYSTEM
CURRENCY
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DOMESTIC EMISSIONS
DOMESTIC MARKET
DOMESTIC OFFSETS
DOMESTIC SOURCES
DUE DILIGENCE
ECONOMIC GROWTH
ECOSYSTEM
ELECTRICITY
ELECTRICITY GENERATION
ELECTRICITY SECTOR
EMISSION
EMISSION FACTORS
EMISSION REDUCTION
EMISSION REDUCTION COMMITMENTS
EMISSION REDUCTION OUTCOMES
EMISSION REDUCTION UNITS
EMISSION REDUCTIONS
EMISSIONS
EMISSIONS COMMITMENTS
EMISSIONS CONTROL
EMISSIONS INTENSITY
EMISSIONS OBLIGATIONS
EMISSIONS REDUCTION
EMISSIONS TARGETS
ENVIRONMENTAL INTEGRITY
FINANCIAL SUPPORT
FOREST
FOREST ECOSYSTEM
FOREST PROJECTS
FOREST SECTOR
FORESTRY
FOSSIL FUELS
GHG
GOLD
GREENHOUSE
GREENHOUSE GAS EMISSIONS
GREENHOUSE GAS LEVELS
GREENHOUSE GASES
HOLDING
HOST COUNTRIES
HOST COUNTRY
HOST GOVERNMENT
HOT AIR
INSTRUMENT
INSURANCE
INTERNATIONAL CARBON MARKET
INTERNATIONAL CARBON MARKETS
INTERNATIONAL EMISSIONS
INTERNATIONAL MARKET
INTERNATIONAL MARKETS
INTERNATIONAL STANDARDS
INVENTORIES
INVENTORY
ISSUANCE
ISSUANCES
LACK OF CREDIBILITY
LAND USE
LEGAL FRAMEWORK
LOCAL GOVERNMENT
LOCAL GOVERNMENTS
MARKET DEMAND
MARKET INFORMATION
MARKET MECHANISM
MARKET MECHANISMS
MARKET PARTICIPANTS
MARKET PLAYERS
MARKET REGULATORS
MARKET SUPPLY
MARKETPLACE
MITIGATION ACTIONS
NATIONAL GRID
OFFSET MITIGATION
POWER GENERATION
POWER PLANTS
PRICE DISCOVERY
PRICE SCHEDULE
PRIVATE BANKS
PRIVATE FINANCE
PURCHASING
REGISTRY SYSTEM
REGULATORY FRAMEWORK
RESERVE
RETAIL
REVERSE AUCTION
SALE
SCENARIOS
SPREAD
SUPPLIERS
SUPPLY CHAIN
SUPPLY CHAINS
SUPPLY OF CREDITS
SUPPLY SIDE
SURETY
TARGET MARKET
TRADABLE CREDITS
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
UNCERTAINTIES
UNEP
VERIFICATION OF EMISSION REDUCTIONS
VOLUNTARY EMISSION
VOLUNTARY EMISSIONS
WARRANTS
spellingShingle ABATEMENT
ABSOLUTE EMISSIONS
ACCOUNTING
AFFORESTATION
AIR
ALLOWANCES
ATMOSPHERE
ATMOSPHERIC GREENHOUSE GAS
AUCTION
BASELINE EMISSIONS
BASELINE METHODOLOGIES
BID
BIDS
BROKERS
CALCULATION
CAPACITY BUILDING
CAPS
CARBON
CARBON CREDITS
CARBON EMISSIONS
CARBON FINANCE
CARBON FOOTPRINT
CARBON FUNDS
CARBON MARKET
CARBON PRICE
CARBON TRADING
CATERING
CERTIFIED EMISSION REDUCTIONS
CLEAN DEVELOPMENT
CLEAN DEVELOPMENT MECHANISM
CLIMATE
CLIMATE ACTION
CLIMATE CHANGE
CLIMATE CHANGE AGREEMENT
CLIMATE CHANGE MITIGATION
CLIMATE EXCHANGE
CO
CO2
COMMODITY MARKETS
CONSUMER GOODS
CREDIBILITY
CREDIT SYSTEM
CURRENCY
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DOMESTIC EMISSIONS
DOMESTIC MARKET
DOMESTIC OFFSETS
DOMESTIC SOURCES
DUE DILIGENCE
ECONOMIC GROWTH
ECOSYSTEM
ELECTRICITY
ELECTRICITY GENERATION
ELECTRICITY SECTOR
EMISSION
EMISSION FACTORS
EMISSION REDUCTION
EMISSION REDUCTION COMMITMENTS
EMISSION REDUCTION OUTCOMES
EMISSION REDUCTION UNITS
EMISSION REDUCTIONS
EMISSIONS
EMISSIONS COMMITMENTS
EMISSIONS CONTROL
EMISSIONS INTENSITY
EMISSIONS OBLIGATIONS
EMISSIONS REDUCTION
EMISSIONS TARGETS
ENVIRONMENTAL INTEGRITY
FINANCIAL SUPPORT
FOREST
FOREST ECOSYSTEM
FOREST PROJECTS
FOREST SECTOR
FORESTRY
FOSSIL FUELS
GHG
GOLD
GREENHOUSE
GREENHOUSE GAS EMISSIONS
GREENHOUSE GAS LEVELS
GREENHOUSE GASES
HOLDING
HOST COUNTRIES
HOST COUNTRY
HOST GOVERNMENT
HOT AIR
INSTRUMENT
INSURANCE
INTERNATIONAL CARBON MARKET
INTERNATIONAL CARBON MARKETS
INTERNATIONAL EMISSIONS
INTERNATIONAL MARKET
INTERNATIONAL MARKETS
INTERNATIONAL STANDARDS
INVENTORIES
INVENTORY
ISSUANCE
ISSUANCES
LACK OF CREDIBILITY
LAND USE
LEGAL FRAMEWORK
LOCAL GOVERNMENT
LOCAL GOVERNMENTS
MARKET DEMAND
MARKET INFORMATION
MARKET MECHANISM
MARKET MECHANISMS
MARKET PARTICIPANTS
MARKET PLAYERS
MARKET REGULATORS
MARKET SUPPLY
MARKETPLACE
MITIGATION ACTIONS
NATIONAL GRID
OFFSET MITIGATION
POWER GENERATION
POWER PLANTS
PRICE DISCOVERY
PRICE SCHEDULE
PRIVATE BANKS
PRIVATE FINANCE
PURCHASING
REGISTRY SYSTEM
REGULATORY FRAMEWORK
RESERVE
RETAIL
REVERSE AUCTION
SALE
SCENARIOS
SPREAD
SUPPLIERS
SUPPLY CHAIN
SUPPLY CHAINS
SUPPLY OF CREDITS
SUPPLY SIDE
SURETY
TARGET MARKET
TRADABLE CREDITS
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
UNCERTAINTIES
UNEP
VERIFICATION OF EMISSION REDUCTIONS
VOLUNTARY EMISSION
VOLUNTARY EMISSIONS
WARRANTS
Partnership for Market Readiness
Crediting Mechanisms Overview
relation Partnership for Market Readiness technical papers;no. 1
description This document provides a summary assessment of (presented) scaled-up crediting instruments as well as existing project-based crediting schemes against a number of important general characteristics of such instruments. Its purpose is to provide insights that may inform the design and use of possible scaled-up crediting instruments. This summary assessment begins with an examination of proposals for scaled-up crediting mechanisms. It considers existing crediting instruments, that is, (i) Kyoto project mechanisms (clean development mechanism (CDM) and joint implementation (JI)); and (ii) voluntary emission reductions (VER) schemes (in the non-compliance and voluntary markets). The characteristics (or issues) covered are: (i) national and international circumstances for market-based mechanisms and how these interact; (ii) coverage and boundary setting; (iii) participation and incentives for participation; (iv) caps, baselines, and allocations (or issuance); (v) market integrity and credibility; (vi) monitoring, reporting, and verification (MRV); (vii) program authority and administration; and (viii) potential scaling up modalities.
format Working Paper
author Partnership for Market Readiness
author_facet Partnership for Market Readiness
author_sort Partnership for Market Readiness
title Crediting Mechanisms Overview
title_short Crediting Mechanisms Overview
title_full Crediting Mechanisms Overview
title_fullStr Crediting Mechanisms Overview
title_full_unstemmed Crediting Mechanisms Overview
title_sort crediting mechanisms overview
publisher World Bank, Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2011/12/24192364/crediting-mechanisms-overview
http://hdl.handle.net/10986/21830
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