Crediting-Related Activities Under the PMR : Status and Support for Implementation

The objectives of this study are threefold: a) to review and compare the PMR crediting-related activities presented in MRPs; b) to assess whether and how these crediting-related activities can stimulate scaled-up mitigation by creating a domestic environment (technical, regulatory and institutional)...

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Main Author:	Partnership for Market Readiness
Format:	Working Paper
Language:	en_US
Published:	World Bank, Washington, DC 2015
Subjects:	Partnership for Market Readiness NAMA carbon market mechanism climate policy crediting instruments mitigation climate change PMR
Online Access:	http://hdl.handle.net/10986/22348

id	okr-10986-22348
recordtype	oai_dc
spelling	okr-10986-223482021-04-23T14:04:08Z Crediting-Related Activities Under the PMR : Status and Support for Implementation Partnership for Market Readiness Partnership for Market Readiness NAMA carbon market mechanism climate policy crediting instruments mitigation climate change PMR The objectives of this study are threefold: a) to review and compare the PMR crediting-related activities presented in MRPs; b) to assess whether and how these crediting-related activities can stimulate scaled-up mitigation by creating a domestic environment (technical, regulatory and institutional) that can support a range of climate policies; and c) to identify opportunities for the PMR to consolidate the support. The study suggests that crediting can play a role in wider national climate policy development and discusses ways to assess how the crediting-related activities can serve to foster mitigation action under multiple policy instruments. This can be achieved through flexible activities that create readiness while minimizing regrets and/or through activities that maximize co-benefits for the Implementing Countries. The study observes that a number of crediting-related activities under the PMR have quite broad applicability for almost all policy instruments, notably data management, MRV and capacity building. The study, finally, suggests elements that can be considered when shaping the future work program to support the implementation of the crediting-related activities. It may be useful to continue and expand PMR support for a mix of activities that both support specific crediting instruments and bring wider benefits by paving the way for broader mitigation policies. This can be done using the suggested criteria of creating readiness while minimizing regrets, and maximizing benefits. It can also mean more explicitly expanding the goals of PMR activities, and supporting activities that serve multiple instruments, such as baseline and MRV activities that consider possible application for results-based finance or for regulatory systems in their design. Also, there is a need to identify ways to avoid duplication and maximize synergies with other initiatives supporting both market and non-market instruments of climate policy. 2015-07-29T20:41:02Z 2015-07-29T20:41:02Z 2015-08 Working Paper http://hdl.handle.net/10986/22348 en_US Partnership for Market Readiness Technical Note; 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 NAMA carbon market mechanism climate policy crediting instruments mitigation climate change PMR
spellingShingle	Partnership for Market Readiness NAMA carbon market mechanism climate policy crediting instruments mitigation climate change PMR Partnership for Market Readiness Crediting-Related Activities Under the PMR : Status and Support for Implementation
relation	Partnership for Market Readiness Technical Note;
description	The objectives of this study are threefold: a) to review and compare the PMR crediting-related activities presented in MRPs; b) to assess whether and how these crediting-related activities can stimulate scaled-up mitigation by creating a domestic environment (technical, regulatory and institutional) that can support a range of climate policies; and c) to identify opportunities for the PMR to consolidate the support. The study suggests that crediting can play a role in wider national climate policy development and discusses ways to assess how the crediting-related activities can serve to foster mitigation action under multiple policy instruments. This can be achieved through flexible activities that create readiness while minimizing regrets and/or through activities that maximize co-benefits for the Implementing Countries. The study observes that a number of crediting-related activities under the PMR have quite broad applicability for almost all policy instruments, notably data management, MRV and capacity building. The study, finally, suggests elements that can be considered when shaping the future work program to support the implementation of the crediting-related activities. It may be useful to continue and expand PMR support for a mix of activities that both support specific crediting instruments and bring wider benefits by paving the way for broader mitigation policies. This can be done using the suggested criteria of creating readiness while minimizing regrets, and maximizing benefits. It can also mean more explicitly expanding the goals of PMR activities, and supporting activities that serve multiple instruments, such as baseline and MRV activities that consider possible application for results-based finance or for regulatory systems in their design. Also, there is a need to identify ways to avoid duplication and maximize synergies with other initiatives supporting both market and non-market instruments of climate policy.
format	Working Paper
author	Partnership for Market Readiness
author_facet	Partnership for Market Readiness
author_sort	Partnership for Market Readiness
title	Crediting-Related Activities Under the PMR : Status and Support for Implementation
title_short	Crediting-Related Activities Under the PMR : Status and Support for Implementation
title_full	Crediting-Related Activities Under the PMR : Status and Support for Implementation
title_fullStr	Crediting-Related Activities Under the PMR : Status and Support for Implementation
title_full_unstemmed	Crediting-Related Activities Under the PMR : Status and Support for Implementation
title_sort	crediting-related activities under the pmr : status and support for implementation
publisher	World Bank, Washington, DC
publishDate	2015
url	http://hdl.handle.net/10986/22348
_version_	1764450948619436032

Crediting-Related Activities Under the PMR : Status and Support for Implementation

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