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...

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Main Authors: Partnership for Market Readiness, Forest Carbon Partnership Facility
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
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