Options to Use Existing International Offset Programs in a Domestic Context

Over the past 25 years significant experience on offsetting has been built up through the development, implementation and improvement of various international and domestic offset programs. A wide range of approaches adapted to different circumstances have been explored. Currently a number of countri...

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Main Author: Partnership for Market Readiness
Format: Working Paper
Language:en_US
Published: World Bank, Washington, DC 2015
Subjects:
Online Access:http://hdl.handle.net/10986/22347
id okr-10986-22347
recordtype oai_dc
spelling okr-10986-223472021-04-23T14:04:08Z Options to Use Existing International Offset Programs in a Domestic Context Partnership for Market Readiness Partnership for Market Readiness carbon market mechanism climate policy mitigation offset offset standards carbon emissions PMR Over the past 25 years significant experience on offsetting has been built up through the development, implementation and improvement of various international and domestic offset programs. A wide range of approaches adapted to different circumstances have been explored. Currently a number of countries are considering the design of their own domestic offset programs. This report will explore different options for drawing on this international knowledge and infrastructure. Leveraging the existing international offset programs can be a way to cost effectively fast start a domestic offset program. Making use of the existing international experience can take the form of different levels of dependencies, ranging from full reliance on international programs on the one hand to a fully independent domestic program in the other extreme case, and everything in between. The report will present a guiding framework that builds on previous research in the offset component of the PMR technical work program, to support policy makers make informed decisions about if and how existing international offset standards can be used in a national context. The report includes a) an inventory of different institutional, administrative/procedural and project assessment/methodological approaches applied in existing international offset programs; b) a definition of plausible scenarios for leveraging international experience when designing domestic programs; c) an Impact and evaluation of the advantages and disadvantages of different options assessed; and d) identification and evaluation of key questions that policy makers planning or designing a domestic offset program may find useful to consider when applying elements of international offset standards. 2015-07-29T20:24:13Z 2015-07-29T20:24:13Z 2015-08 Working Paper http://hdl.handle.net/10986/22347 en_US Partnership for Market Readiness Technical Note;No. 10 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 en_US
topic Partnership for Market Readiness
carbon market mechanism
climate policy
mitigation
offset
offset standards
carbon emissions
PMR
spellingShingle Partnership for Market Readiness
carbon market mechanism
climate policy
mitigation
offset
offset standards
carbon emissions
PMR
Partnership for Market Readiness
Options to Use Existing International Offset Programs in a Domestic Context
relation Partnership for Market Readiness Technical Note;No. 10
description Over the past 25 years significant experience on offsetting has been built up through the development, implementation and improvement of various international and domestic offset programs. A wide range of approaches adapted to different circumstances have been explored. Currently a number of countries are considering the design of their own domestic offset programs. This report will explore different options for drawing on this international knowledge and infrastructure. Leveraging the existing international offset programs can be a way to cost effectively fast start a domestic offset program. Making use of the existing international experience can take the form of different levels of dependencies, ranging from full reliance on international programs on the one hand to a fully independent domestic program in the other extreme case, and everything in between. The report will present a guiding framework that builds on previous research in the offset component of the PMR technical work program, to support policy makers make informed decisions about if and how existing international offset standards can be used in a national context. The report includes a) an inventory of different institutional, administrative/procedural and project assessment/methodological approaches applied in existing international offset programs; b) a definition of plausible scenarios for leveraging international experience when designing domestic programs; c) an Impact and evaluation of the advantages and disadvantages of different options assessed; and d) identification and evaluation of key questions that policy makers planning or designing a domestic offset program may find useful to consider when applying elements of international offset standards.
format Working Paper
author Partnership for Market Readiness
author_facet Partnership for Market Readiness
author_sort Partnership for Market Readiness
title Options to Use Existing International Offset Programs in a Domestic Context
title_short Options to Use Existing International Offset Programs in a Domestic Context
title_full Options to Use Existing International Offset Programs in a Domestic Context
title_fullStr Options to Use Existing International Offset Programs in a Domestic Context
title_full_unstemmed Options to Use Existing International Offset Programs in a Domestic Context
title_sort options to use existing international offset programs in a domestic context
publisher World Bank, Washington, DC
publishDate 2015
url http://hdl.handle.net/10986/22347
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