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1 - Introduction: key notions and trade-offs involved in MRVing emissions

Published online by Cambridge University Press:  05 March 2015

Valentin Bellassen
Affiliation:
Institut National pour la Recherche Agronomique (INRA)
Ian Cochran
Affiliation:
CDC Climat
Valentin Bellassen
Affiliation:
CDC Climat, Paris
Nicolas Stephan
Affiliation:
CDC Climat, Paris
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Summary

Purpose and audience for this book

This book focuses on the monitoring, reporting and verification (MRV) of greenhouse gas emissions as it is practiced in the climate economy, that is in operational carbon pricing mechanisms as well as in the quantification of operational and territorial emissions for management purposes. It provides a description of the MRV procedures in place in the fifteen most important policy frameworks – national greenhouse gas inventories supervised by the United Nations, the European Emissions Trading System, the Australian carbon tax, the Clean Development Mechanism supervised by the United Nations, etc. – and compares them along key criteria such as scope, cost, uncertainty and flexibility. As such, this book does not consider other types of MRV than that of greenhouse gas emissions, such as the MRV of climate finance or the monitoring of the efficiency of climate policies, although they also have their place in climate economics.

This book leans heavily towards the practical problems and solutions employed by those involved in the MRV of existing frameworks. In other words, it describes how MRV is currently practiced by economic agents much more than how greenhouse gas emissions could or should be monitored, reported and verified based on the most recent developments in climate sciences or the deepest rooted economics theory. As such, this book does not consider the MRV of future frameworks for which there is no set of identifiable rules and practices such as the elusive and multiform Nationally Appropriate Mitigation Actions (NAMAs) for which plans are being communicated by various countries to the United Nations.

The audience for this book are those who wish to understand the key stakes attached to monitoring, reporting and verifying emissions, and the choices made by up-and-running carbon pricing initiatives regarding these stakes. This book is written by engineers and economists active in this field, but for a general audience who may not be proficient in climate economics or MRV procedures.

Type
Chapter
Information
Accounting for Carbon
Monitoring, Reporting and Verifying Emissions in the Climate Economy
, pp. 1 - 18
Publisher: Cambridge University Press
Print publication year: 2015

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References

Bellassen, V. and Leguet, B., 2009. Comprendre la compensation carbone. Pearson Education France, Paris.Google Scholar
Bellassen, V., Stephan, N. and Leguet, B., 2012. Will there still be a market price for CERs and ERUs in two years time? (No. 13), Climate Brief. CDC Climat Research, Paris.
Cochran, I., 2010. A use-based analysis of local-scale GHG inventories (No. 2010–7), Working paper. CDC Climat Research, Paris.
Dupont, M., Morel, R., Bellassen, V. and Deheza, M., 2013. International Climate Negotiations – COP 19: do not underestimate the MRV break-through (No. 33), Climate Brief. CDC Climat Research, Paris.
IGES, 2012. Measurement, reporting and verification (MRV) for low carbon development: learning from experience in Asia (No. 2012-03), IGES Policy Report. IGES, Kanagawa, Japan.
IPCC, 2006. 2006 IPCC Guidelines for National Greenhouse Gas Inventories. IGES, Hayama, Japan.
Kossoy, A. and Guigon, P., 2012. State and Trends of the Carbon Market 2012. World Bank, Washington, DC.Google Scholar
Morel, R., Leguet, B. and Bellassen, V., 2013. International climate negotiations at COP 18: the art of the Doha-ble (No. 24), Climate Brief. CDC Climat Research, Paris.
Ninomiya, Y., 2012. Classification of MRV of GHG emissions/reductions: for the discussions on NAMAs and MRV (No. 25), Policy Brief. IGES, Hayama, Japan.
Shishlov, I. and Bellassen, V., 2012. 10 lessons from 10 years of the CDM (No. 37), Climate Report. CDC Climat Research, Paris.
World Bank, 2013. Mapping Carbon Pricing Initiatives – Developments and Prospects. World Bank, Washington, DC.
WRI/WBCSD, 2004. The Greenhouse Gas Protocol – A Corporate Accounting and Reporting Standard.

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