Emissions Trading Registries : Guidance on Regulation, Development and Administration
The issues around the environmental integrity of international market mechanisms have gained a great deal of attention in the wake of the Paris Agreement. In addition, with the agreement on market-based measures for international aviation being rea...
Main Authors: | , |
---|---|
Format: | Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2016
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2016/10/26858987/emissions-trading-registries-guidance-regulation-development-administration http://hdl.handle.net/10986/25142 |
id |
okr-10986-25142 |
---|---|
recordtype |
oai_dc |
spelling |
okr-10986-251422021-05-25T08:52:18Z Emissions Trading Registries : Guidance on Regulation, Development and Administration Partnership for Market Readiness Forest Carbon Partnership Facility climate change greenhouse gas emissions carbon pricing carbon trading climate finance emissions trading administration registry REDD+ Kyoto commitments Kyoto Protocol Paris Agreement cap-and-trade emission reduction The issues around the environmental integrity of international market mechanisms have gained a great deal of attention in the wake of the Paris Agreement. In addition, with the agreement on market-based measures for international aviation being reached, these issues are likely to gain even more prominence in countries’ efforts to prepare for the implementation of international market mechanisms. In a context where inaccurate accounting is one of the environmental integrity risks associated with market mechanisms, an emissions trading registry is critical for avoiding “double counting”—the situation where a single GHG emission reduction or removal is used more than once to demonstrate compliance with mitigation targets. An emissions trading registry is an online database that issues, records, and tracks the carbon units that are exchanged within market mechanisms or financed through Results-Based Climate Finance programs. Given the length of time and capacity needed for the development of a registry, it is essential for countries that are in the process of designing market mechanisms to factor in specific regulatory, administrative, functional, and technical aspects of registry development. Against this backdrop, and to further facilitate future registry design and implementation, this report provides policy makers and other stakeholders with technical insights and guidance on how to support country-specific decision making and activities related to registry development. 2016-10-13T17:55:03Z 2016-10-13T17:55:03Z 2016-10 Working Paper http://documents.worldbank.org/curated/en/2016/10/26858987/emissions-trading-registries-guidance-regulation-development-administration http://hdl.handle.net/10986/25142 English en_US 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 |
climate change greenhouse gas emissions carbon pricing carbon trading climate finance emissions trading administration registry REDD+ Kyoto commitments Kyoto Protocol Paris Agreement cap-and-trade emission reduction |
spellingShingle |
climate change greenhouse gas emissions carbon pricing carbon trading climate finance emissions trading administration registry REDD+ Kyoto commitments Kyoto Protocol Paris Agreement cap-and-trade emission reduction Partnership for Market Readiness Forest Carbon Partnership Facility Emissions Trading Registries : Guidance on Regulation, Development and Administration |
description |
The issues around the environmental
integrity of international market mechanisms have gained a
great deal of attention in the wake of the Paris Agreement.
In addition, with the agreement on market-based measures for
international aviation being reached, these issues are
likely to gain even more prominence in countries’ efforts to
prepare for the implementation of international market
mechanisms. In a context where inaccurate accounting is one
of the environmental integrity risks associated with market
mechanisms, an emissions trading registry is critical for
avoiding “double counting”—the situation where a single GHG
emission reduction or removal is used more than once to
demonstrate compliance with mitigation targets. An emissions
trading registry is an online database that issues, records,
and tracks the carbon units that are exchanged within market
mechanisms or financed through Results-Based Climate Finance
programs. Given the length of time and capacity needed for
the development of a registry, it is essential for countries
that are in the process of designing market mechanisms to
factor in specific regulatory, administrative, functional,
and technical aspects of registry development. Against this
backdrop, and to further facilitate future registry design
and implementation, this report provides policy makers and
other stakeholders with technical insights and guidance on
how to support country-specific decision making and
activities related to registry development. |
format |
Working Paper |
author |
Partnership for Market Readiness Forest Carbon Partnership Facility |
author_facet |
Partnership for Market Readiness Forest Carbon Partnership Facility |
author_sort |
Partnership for Market Readiness |
title |
Emissions Trading Registries : Guidance on Regulation, Development and Administration |
title_short |
Emissions Trading Registries : Guidance on Regulation, Development and Administration |
title_full |
Emissions Trading Registries : Guidance on Regulation, Development and Administration |
title_fullStr |
Emissions Trading Registries : Guidance on Regulation, Development and Administration |
title_full_unstemmed |
Emissions Trading Registries : Guidance on Regulation, Development and Administration |
title_sort |
emissions trading registries : guidance on regulation, development and administration |
publisher |
World Bank, Washington, DC |
publishDate |
2016 |
url |
http://documents.worldbank.org/curated/en/2016/10/26858987/emissions-trading-registries-guidance-regulation-development-administration http://hdl.handle.net/10986/25142 |
_version_ |
1764458657135722496 |