Article 6.4 and the future of offsetting

Transcription

1 Article 6.4 and the future of offsetting

2 Article 6 overview Article 6.2 Guidance for cooperative approaches Operationalisation and scope of 6.2 accounting Operationalisation of environmental integrity and transparency in 6.2 Article 6.4 Rules, modalities and procedures for the emissions mitigation mechanism Implications of NDCs on the mechanism Assimilating experience into the mechanism Articles 6.8 and 6.9 Work programme under the framework for non-market approaches Identifying and enabling non-market approaches Operationalisation of the framework 2

3 6.4 A mechanism to contribute to the mitigation of greenhouse gas emissions and support sustainable development AIMS: (a) To promote the mitigation of greenhouse gas emissions while fostering sustainable development; (b) To incentivize and facilitate participation in the mitigation of greenhouse gas emissions by public and private entities authorized by a Party; (c) To contribute to the reduction of emission levels in the host Party, which will benefit from mitigation activities resulting in emission reductions that can also be used by another Party to fulfil its nationally determined contribution; and (d) To deliver an overall mitigation in global emissions. 3

4 4 Informal Note 6.4

5 20 draft headings! 1. PREAMBLE 2. PRINCIPLES 3. DEFINITIONS 4. SCOPE AND PURPOSE OF RULES, MODALITIES AND PROCEDURES 5. ROLE OF CMA 6. SUPERVISORY BODY 7. PARTICIPATION, BENEFITS AND RESPONSIBILITIES OF HOSTING PARTIES 8. PARTICIPATION AND RESPONSIBILITIES OF ACQUIRING/TRANSFERING IN/USING PARTIES 9. PARTICIPATION BY OTHER ACTORS 10. DESIGNATED OPERATIONAL ENTITIES 11. ELIGIBLE MITIGATION ACTIVITIES 12. MITIGATION ACTIVITY CYCLE 13. LEVY OF SHARE OF PROCEEDS TOWARDS ADMINISTRATION AND ADAPTATION 14. IMPLEMENTING OVERALL MITIGATION IN GLOBAL EMISSIONS 15. AVOIDING USE OF EMISSIONS REDUCTIONS RESULTING FROM MITIGATION ACTIVITIES BY MORE THAN ONE PARTY 16. EMISSIONS REDUCTIONS APPLIED TO PURPOSES OTHER THAN TOWARDS ACHIEVEMENT OF NDCs 17. LIMITS TO TRADING/USE OF EMISSION REDUCTIONS FROM MITIGATION ACTIVITIES TOWARDS NDC 18. TRANSITION FROM KYOTO PROTOCOL TO ARTICLE ADAPTATION AMBITION 20. AVOIDING NEGATIVE AND SOCIAL AND ECONOMIC IMPACTS 4.7 AND

6 Divisive issues Operations inside/outside NDCs Registry at Party level/centralised Article 6.4/CDM interaction CDM rules and procedures carry over New CDM/expanded scope & activities Transition of existing activities Certification of non-un protocols 6

7 Art 6.4 mechanism scope and scale What should the scope and scale of the EMM be? How does it differ from existing mechanisms? How does this affect the applicability of the EMM in different countries/ndcs? 7

8 Environmental Integrity and Double Counting How can the EI of the EMM be ensured? Where is the point of regulation? Should the double counting issue be addressed by the 6.2 provisions or by 6.4? 8

9 Art6.4 mechanism operations inside and outside NDCs Should the EMM operate both inside and outside the NDCs? If so, will there be differences in its operations? Do additional considerations need to be made when operating outside NDCs? 9

10 Article 6.2 & 6.3 Parties shall, where engaging on a voluntary basis in cooperative approaches that involve the use of internationally transferred mitigation outcomes towards nationally determined contributions, promote sustainable development and ensure environmental integrity and transparency, including in governance, and shall apply robust accounting to ensure, inter alia, the avoidance of double counting, consistent with guidance adopted by the Conference of the Parties serving as the meeting of the Parties to this Agreement. The use of internationally transferred mitigation outcomes to achieve nationally determined contributions under this Agreement shall be voluntary and authorized by participating Parties. 10

11 Article 6.4 A mechanism to contribute to the mitigation of greenhouse gas emissions and support sustainable development is hereby established under the authority and guidance of the Conference of the Parties serving as the meeting of the Parties to this Agreement for use by Parties on a voluntary basis. It shall be supervised by a body designated by the Conference of the Parties serving as the meeting of the Parties to this Agreement, and shall aim: a) To promote the mitigation of greenhouse gas emissions while fostering sustainable development; b) To incentivize and facilitate participation in the mitigation of greenhouse gas emissions by public and private entities authorized by a Party; c) To contribute to the reduction of emission levels in the host Party, which will benefit from mitigation activities resulting in emission reductions that can also be used by another Party to fulfil its nationally determined contribution; and d) To deliver an overall mitigation in global emissions. 11

12 Article 6.5 Emission reductions resulting from the mechanism referred to in paragraph 4 of this Article shall not be used to demonstrate achievement of the host Party's nationally determined contribution if used by another Party to demonstrate achievement of its nationally determined contribution. 12

13 IETA s vision paper 6.4 Round table early summer IETA members online survey to elicit specific feedbacks to inform a future of offsets IETA paper October London workshop Task group formed in IETA Online article 6 portal for non party submissions Paper under development to outline views and recommendations 13

14 14 Thank you!