Tag: accounting

CAN Talking Points - MRV - Bonn June 2011

Bonn is a key moment to make progress on MRV issues. While there are a great many political issues at play, work on some technical issues needs to begin now.

Parties should agree on the structure, timing, and content of the workshops that are needed to discuss new or enhanced elements of MRV in the coming months.  These workshops should be informed by existing submissions of Parties and observers, and should involve calling for further submissions.

Related Event: 

NAMA Dreaming / Dreaming of NAMAs

Do you sometimes wake up at night, thinking: I wish I knew what a credited NAMA was...? (If you do, you’ve clearly been here far too long - ECO recommends a cup of herbal tea and a walk along the Rhine.) Sadly, you are not alone. The wonderfully fuzzy clouds called NAMAs (Nationally Appropriate Mitigation Actions) are taking shape without anyone really knowing how the three oft-mentioned types of NAMAs should co-exist. By this ECO means: ‘unilateral’ NAMAs, mitigation action implemented solely by developing countries; ‘supported’ NAMAs, mitigation action financially supported by donor countries; and ‘credited’ NAMAs, actions that, like the CDM, result in some form of trade-able carbon credits. Seems distinct enough, but upon further reflection, ECO has some nagging questions about credited NAMAs:

- What role do parties envisage for the new market-based mechanisms in a NAMA framework?

-What role will CDM play? Will new mechanisms be complementary to CDM or will they replace CDM?

– Who will             ensure the         quality and accounting of offsets coming from any new market mechanisms?

Some things we already know: The different NAMAs have to be clearly defined to avoid double counting of the emission reductions and the finance provided. A governance structure is required to ensure sound MRV so that we can truly move towards closing the perilous emissions gap we are facing. It is essential that new mechanisms will not lead to greater offsetting opportunities for developed countries. Clearly, there is a lot to figure out before we will know if NAMAs are going to be a troubling dream that resolves by morning or a nightmare we never wake up from.

By the way, do you ever wonder (sometime in the hazy night) how “Low Carbon Development Plans” relate to NAMAs?!

Topics: 
Related Event: 
Related Newsletter : 

LULUCF Rules… Which Rules?

It is tough to spot the actual emissions reduced through the current thicket of different Annex I country pledge formats. And many countries suggest to further obscure the actual impact by including complex means of accounting for sources and sinks from land use, land use change and forestry (LULUCF).

In the Annex I mitigation workshop on Thursday, AOSIS highlighted the potential contribution of lax LULUCF rules to the gigatonne gap, as described by UNEP. The Secretariat’s recent paper on the assumptions and conditions of Annex I Parties’ targets begins to clarify the extent to which Annex I countries will rely on the LULUCF sector to comply with their targets.

However, the question remains: which LULUCF rules are we talking about? These rules for the 2nd commitment period have not yet been decided!            ECO seconds the statement made by St. Lucia on Thursday that there is a pressing need for much greater transparency regarding what assumptions Parties are using in their LULUCF accounting, and encouraging the use of common methodologies.

Targets without clear LULUCF accounting rules are like a box of chocolates – you never know what you are going to get. To remedy this situation, ECO thinks Annex I Parties should take the suggestion that Colombia made in Bangkok – to submit tables showing what

their commitments would be under different accounting options, including the different options on the table for LULUCF. These tables would make the role of this sector clearer to everyone.  They would also illustrate clearly which countries are relying on their forests to help meet their targets, and which Parties are expecting to use delayed accounting for wood products or the exclusion of emissions from natural disturbances in their accounting.

It is impossible to make informed decisions on targets until it is clear what rules underpin them. With the kind of clarity and transparency Colombia has requested, Parties may be able to complete the task of decision-making that they failed to finish in Cancun.

Topics: 
Related Event: 
Related Newsletter : 

Chris Henschel explains LULUCF

UNFCCC Tianjin Chris Henschel - Canadian Parks and Wilderness Society

Chris Henschel of Canadian Parks and Wilderness Society explains LULUCF (Land Use Land Use Change and Forestry) and the good news and bad news of LULUCF for developing countries. 

(from OneWorld TV)

Topics: 
Organization: 

Pages

Subscribe to Tag: accounting