The Bali Action Plan introduced the notion of linking GHG mitigation action in developing countries with support for such action, in a "measurable, reportable and verifiable (MRV)" manner. However, it does not specify the relationship or link that may be made between nationally appropriate...

The current monitoring, reporting and review framework under the UN Framework Convention on Climate Change (UNFCCC) has a number of strengths and weaknesses. Weaknesses include inconsistent and/or incomplete self reporting of financial support; infrequent reporting; limited and incomplete...

Developed countries have committed under the international negotiations to jointly mobilising USD 100 billion per year by 2020 for climate change mitigation and adaptation in developing countries. Yet consistent and comprehensive data to track this commitment are currently lacking. Such data...

The Cancun Agreements outlined the list of topics to be included in biennial reports and indicated that guidelines for them were to be developed, but provided limited guidance on their structure and content. This paper proposes a structure for biennial reports for both developed and developing...

Market-based mechanisms offer a number of advantages to other regulatory approaches for GHG mitigation such as technology or performance standards and feed-in tariffs. Advantages include their ability to attain an emissions goal at lower cost and to create incentives for innovation among sources...

This paper outlines options for new reporting guidelines for national communications from Annex I and non-Annex I countries, both for “full” national communications and biennial “updates”. These reports can facilitate the sharing of information between Parties and may be used to assess...

The Bali Action Plan (BAP) language on “measurable, reportable and verifiable” (MRV) greenhouse gas mitigation actions and commitments for a post-2012 climate framework was introduced to apply both to developed countries’ greenhouse gas (GHG) commitments and actions (paragraph 1(b)(i) of...

This paper reviews proposals for the design of sectoral and related market mechanisms that are being debated both in the UNFCCC negotiations and in different domestic legislative contexts. Decisions on the design and scope of the mechanisms in the UNFCCC negotiations would affect the future...

As its workforce ages and major economies shift towards producing higher value-added goods and services, New Zealand will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need to come increasingly from productivity gains, and...

Korea, which has had the highest growth rate of greenhouse gas emissions in the OECD area since 1990, adopted an ambitious Green Growth Strategy in 2009. It aims at reducing emissions by 30% by 2020 relative to a “business as usual” scenario, implying a 4% cut from the 2005 level. The...