MRV = Hotpot? Asia is moving toward Low-Carbon Development India - PDF document

Good practices and lessons learned from MRV of mitigation actions toward the low carbon development Kenta Usui (usui@iges.or.jp) Institute for Global Environmental Strategies 4 September, 2012, Bangkok 1 MRV = Hotpot?

Asia is moving toward Low-Carbon Development India Mongolia National Action Plan for National Action Program on Climate Change (NAPCC) Climate Change (NAPCC) China 12 th Five Year Plan Korea Framework Act on Low Carbon Green Growth Thailand Philippines National Strategic National Climate Change Plan on Climate Action Plan Change Indonesia National Climate Change Cambodia Action Plan Climate Change Strategic Plan Vietnam Lao PDR National Climate Change Source: IGES Market Mechanism 3 Strategy on Climate Change Strategy Country Fact Sheet (July, 2012) Some countries set specific targets Country Target/Specific Activity China • 40 ‐ 45% reduction of GHGs per GDP by 2020 • Establish low carbon standard, GHG inventory, carbon trading market and pilot program • 30% reduction of GHGs to BAU by 2020 Korea • GHG and energy target management • Emission Trading Law (May 2012) • To establish Thailand voluntary carbon market Thailand • To operate Thailand Voluntary Emission Reduction (T ‐ VER) and Voluntary Emission Trading (T ‐ VETS) Indonesia • 26% reduction of GHGs to BAU by 26% • Guideline for implementing GHG Reduction Action plan India • Reduce GHG emissions intensity of its GDP by 20 ‐ 25% by 2020 4

MRV is a mechanism to ensure real reduction of GHG Measuring Reporting Verification Calculation of Checking the Collecting data GHGs data MRV is also directly related to: - Carbon markets, including new market mechanisms - Climate finance (both from public and private sources) 5 Four distinctive types of MRV Categories Examples Required Maturity Accuracy Type 1 CDM, Japanese Voluntary High Medium Project level Emission Reduction, VCS Type 2 EU ‐ ETS, Japanese Voluntary High High Entity level ETS, Tokyo ETS, NZ ‐ ETS Type 3 None Medium? Low Policy/action Limited experience but very important in level relation to NAMAs Type 4 National Inventories Medium High National level Source: Modified by author based on Yasushi Ninomiya (2012) “What are lessons learned from the Scale good practices to establish effective GHG-MRV framework in Asia?” Presentation at the International Conference on Sustainable Asia-Pacific, 25 July 2012

IGES helps MRV capacity building in Asia Country MRV Mechanism Help on scheme design, Governments baseline setting, incentive- making, etc Help on GHG reduction GHG Emitters / projects and measuring / Project Owner reporting methodologies Third- Party Help on verification methods for GHG reduction Verifiers Our activities : Training courses, workshops, site visits in Japan Our clients: China, Cambodia, Indonesia, Lao PDR, Mongolia, Philippines, Thailand, Vietnam, Our partners: UNFCCC, Asian Development Bank, Indian TERI, Our sponsor: Japanese Ministry of Environment Lessons learned • Differentiate: To facilitate discussion on establishing MRV schemes, different types of MRVs need to be distinguished. • Add: MRV for GHG reduction induced by policy/actions (Type 3) is underdeveloped and needs further work • Share: International lesson-sharing and capacity building very useful to accelerate the progress on MRV mechanisms.