Carbon Credits and Additionality : Past, Present, and Future

Several PMR countries are developing crediting mechanisms for domestic markets. Some countries are developing crediting mechanisms with a view to exploring options for trading with other countries in the future. The concept of “additionality” has long been considered important in the context of the...

Full description

Bibliographic Details
Main Author: World Bank Group
Format: Technical Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
Online Access:http://hdl.handle.net/10986/24295
id okr-10986-24295
recordtype oai_dc
spelling okr-10986-242952021-04-23T14:04:21Z Carbon Credits and Additionality : Past, Present, and Future World Bank Group CARBON MARKETS NEW MARKET MECHANISMS ADDITIONALITY CLIMATE CHANGE CREDITING MECHANISMS INTERNATIONAL MARKET MECHANISMS DEVELPING COUNTRIES CARBON Several PMR countries are developing crediting mechanisms for domestic markets. Some countries are developing crediting mechanisms with a view to exploring options for trading with other countries in the future. The concept of “additionality” has long been considered important in the context of these crediting mechanisms as it ensures that the emission reduction or removal that is credited would not have otherwise occurred. However, there are different approaches that have been used and are emerging as new crediting mechanisms are being designed and implemented. This paper clarifies the concept of additionality and its significance for crediting mechanisms; describes the different approaches that have been used to demonstrate or test additionality; and explores the implications of the evolving carbon markets on the application and importance of additionality. 2016-05-19T19:43:22Z 2016-05-19T19:43:22Z 2016-05-19 Technical Paper http://hdl.handle.net/10986/24295 English en_US Partnership for Market Readiness Technical Papers; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Publication
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 CARBON MARKETS
NEW MARKET MECHANISMS
ADDITIONALITY
CLIMATE CHANGE
CREDITING MECHANISMS
INTERNATIONAL MARKET MECHANISMS
DEVELPING COUNTRIES
CARBON
spellingShingle CARBON MARKETS
NEW MARKET MECHANISMS
ADDITIONALITY
CLIMATE CHANGE
CREDITING MECHANISMS
INTERNATIONAL MARKET MECHANISMS
DEVELPING COUNTRIES
CARBON
World Bank Group
Carbon Credits and Additionality : Past, Present, and Future
relation Partnership for Market Readiness Technical Papers;
description Several PMR countries are developing crediting mechanisms for domestic markets. Some countries are developing crediting mechanisms with a view to exploring options for trading with other countries in the future. The concept of “additionality” has long been considered important in the context of these crediting mechanisms as it ensures that the emission reduction or removal that is credited would not have otherwise occurred. However, there are different approaches that have been used and are emerging as new crediting mechanisms are being designed and implemented. This paper clarifies the concept of additionality and its significance for crediting mechanisms; describes the different approaches that have been used to demonstrate or test additionality; and explores the implications of the evolving carbon markets on the application and importance of additionality.
format Technical Paper
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Carbon Credits and Additionality : Past, Present, and Future
title_short Carbon Credits and Additionality : Past, Present, and Future
title_full Carbon Credits and Additionality : Past, Present, and Future
title_fullStr Carbon Credits and Additionality : Past, Present, and Future
title_full_unstemmed Carbon Credits and Additionality : Past, Present, and Future
title_sort carbon credits and additionality : past, present, and future
publisher World Bank, Washington, DC
publishDate 2016
url http://hdl.handle.net/10986/24295
_version_ 1764456473719472128