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  • 1
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    Additionality après Paris : stronghold for environmental integrity? (2018)
    Wuppertal : Wuppertal Institute for Climate, Environment and Energy
    Details
    Publication Date: 2021-04-20
    Description: This policy paper reviews the concept of additionality in the context of the Paris Agreement. Additionality is a key criterion that helps to maintain the environmental integrity of the Paris Agreement, especially when units created under Article 6.2 or 6.4 are used for offsetting purposes whether that is by Parties in order to meet their NDCs or whether by other entities with legal mitigation obligations. It does so by first reviewing key concepts such as offsetting, environmental integrity, and baseline. Subsequently, it explores the context of additionality under the Paris Agreement. More specifically it discusses what should be counted as the baseline for additionality demonstration. The subsequent chapter then highlights the challenges with establishing additionality, that is establishing a causal relationship between a policy intervention and a proposed activity. Finally, the Policy Paper discusses aspects of international governance with respect to additionality.
    Keywords: ddc:320
    Repository Name: Wuppertal Institut für Klima, Umwelt, Energie
    Language: English
    Type: workingpaper , doc-type:workingPaper
    Format: application/pdf
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  • 2
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    Governing Paris article 6.4 : what roles and functions for the article 6.4 supervisory body? (2019)
    Wuppertal : Wuppertal Institute for Climate, Environment and Energy
    Details
    Publication Date: 2021-04-20
    Description: The new mechanism under Article 6.4 of the Paris Agreement is to be supervised by a body designated by the Conference of the Parties serving as the Meeting of the Parties to the Paris Agreement (CMA). However, so far there is no clarity what role exactly the supervisory body (Body) is to play. Against this background, this JIKO Policy Paper analyses different governance options for Art. 6.4. The paper first reflects the objectives of the new mechanism and on what the role of the mechanism as a whole should be. The paper then summarises what has already been agreed on the functioning of the mechanism and elaborates what steps will be needed to generate transferrable emission reductions under the Article 6.4 mechanism. On this basis, the paper develops criteria for how to decide what role the Body should have, and then discusses what role the Body and the other actors that are involved in the mechanism could have in each of the steps of the activity cycle.
    Keywords: ddc:320
    Repository Name: Wuppertal Institut für Klima, Umwelt, Energie
    Language: English
    Type: workingpaper , doc-type:workingPaper
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  • 3
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    New paths to policy crediting? : Challenges and opportunities of policy-based cooperation under article 6 of the Paris agreement (2019)
    Wuppertal : Wuppertal Institute for Climate, Environment and Energy
    Details
    Publication Date: 2021-04-20
    Description: With the adoption of Article 6 of the Paris Agreement, former debates about generating carbon credits on the basis of national policies have resurged. National policies have not been eligible as project activities under the Kyoto Protocol's flexible mechanisms. The Paris Agreement opens the possibility for such policy crediting but also provides an entirely new context: Universal participation, ambitious long-term targets and nationally defined contributions (NDCs) that are to be made more ambitious over time. As this paper shows, these changes in the framework conditions add an additional layer of complexity to policy-based cooperation. The paper explores the potential for policy-based cooperation by first briefly presenting the regulatory basis provided by the Paris Agreement before outlining a prototype for policy-based cooperation and its key challenges.
    Keywords: ddc:320
    Repository Name: Wuppertal Institut für Klima, Umwelt, Energie
    Language: English
    Type: workingpaper , doc-type:workingPaper
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  • 4
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    Role of market mechanisms in intended nationally determined contributions (2015)
    Wuppertal : Wuppertal Institute for Climate, Environment and Energy
    Details
    Publication Date: 2022-02-18
    Description: Market mechanisms - the Clean Development Mechanism (CDM), Joint Implementation (JI) and Art. 17 emission trading - have been a central feature of the Kyoto Protocol. The shape of the new climate change agreement to adopted at this year's UN climate change conference in Paris is emerging only slowly, including the role market mechanisms will play. In order to assess the potential scope of market mechanisms in the Paris agreement, this JIKO Policy Brief surveys the intended nationally determined contributions (INDCs) to the new agreement which countries have so far submitted. The paper is now available for download. The Parties to the United Nations Framework Convention on Climate Change (UNFCCC) intend to adopt a new comprehensive climate agreement at this year's Conference of the Parties (COP) in Paris. The shape of the new agreement is emerging only slowly, including the role market mechanisms will play. A new JIKO Policy Brief assesses the potential scope of market mechanisms in the Paris agreement by surveying the Intended Nationally Determined Contributions (INDCs) so far.
    Keywords: ddc:320
    Repository Name: Wuppertal Institut für Klima, Umwelt, Energie
    Language: English
    Type: workingpaper , doc-type:workingPaper
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  • 5
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    Update on the role of market mechanisms in intended nationally determined contributions (2015)
    Wuppertal : Wuppertal Institute for Climate, Environment and Energy
    Details
    Publication Date: 2022-02-18
    Description: Market mechanisms - the Clean Development Mechanism (CDM), Joint Implementation (JI) and Art. 17 emission trading - have been a central feature of the Kyoto Protocol. The Parties to the United Nations Framework Convention on Climate Change (UNFCCC) intend to adopt a new comprehensive climate agreement at this year's Conference of the Parties (COP) in Paris. The shape of the new agreement is emerging only slowly, including the role market mechanisms will play. To gauge the potential scope of market mechanisms in the forthcoming Paris agreement, this paper surveys the submitted INDCs on the question to what extent they envisage the use of market mechanisms. In detail, the paper looks at five questions for each INDC: - Does the INDC make any mention of market mechanisms? - Does the Party plan to use market mechanisms to achieve its contribution to the Paris agreement? - If a Party intends to use market mechanisms, does the INDC specify which mechanisms or types of units the country intends to use? - Does the Party quantify the extent to which it intends to use market mechanisms? Under the Kyoto Protocol, use of mechanisms has been supposed to be supplemental to domestic action, though this principle has never been quantified. - Does the Party specify how the use of mechanisms will ensure environmental integrity and avoid double counting?
    Keywords: ddc:320
    Repository Name: Wuppertal Institut für Klima, Umwelt, Energie
    Language: English
    Type: workingpaper , doc-type:workingPaper
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  • 6
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    Transformative potential of the new market mechanism (2015)
    Wuppertal : Wuppertal Institute for Climate, Environment and Energy
    Details
    Publication Date: 2022-02-18
    Description: There is general agreement that preventing dangerous climate change requires a fundamental transformation of the global economy. Regarding carbon markets, the EU, for example, has called for the new market-based mechanism (NMM) to be established under the UNFCCC to "facilitate transition towards low carbon economy and attract further international investment". This JIKO Policy Paper discusses the transformative potential of the NMM and how it should be structured to maximize transformative impact. The analysis shows that details in the arrangements of the scheme, such as allocation of allowances can significantly influence the incentive structure of the instrument and hence its potential to contribute to transformational change. The authors conclude that carbon pricing is necessary but is by itself not sufficient to redeem the various types of market failures that have led to the unsustainable global socio-economic system we are deemed to change. An NMM should therefore be tailored to complement other national policies.
    Keywords: ddc:320
    Repository Name: Wuppertal Institut für Klima, Umwelt, Energie
    Language: English
    Type: workingpaper , doc-type:workingPaper
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  • 7
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    Update on positions on the framework for various approaches, the new market-based mechanism and non-market based approaches (2015)
    Wuppertal : Wuppertal Institute for Climate, Environment and Energy
    Details
    Publication Date: 2022-02-18
    Description: At COP 17 Durban, parties decided to establish a centralised new market-based mechanism (NMM) and to consider establishing a "framework for various approaches" to govern decentralised initiatives. Parties have also discussed possible use and up-scaling of non market based approaches (NMA) in this context. This Policy Brief summarises the state-of-play regarding the submissions by parties and observers as of Jan 2015. It is an update on previous JIKO policy papers and therefore focuses on comparable aspects of the discussion.
    Keywords: ddc:320
    Repository Name: Wuppertal Institut für Klima, Umwelt, Energie
    Language: English
    Type: workingpaper , doc-type:workingPaper
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  • 8
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    Shaping the Paris mechanisms : a summary of submissions on article 6 of the Paris Agreement (2016)
    Wuppertal : Wuppertal Institute for Climate, Environment and Energy
    Details
    Publication Date: 2022-02-18
    Description: Article 6 of the Paris Agreement established three approaches for countries to cooperate with each other: cooperative approaches, a new mechanism to promote mitigation and sustainable development ("sustainable development mechanism"), and a framework for non-market approaches. However, while the "sustainable development mechanism" seems familiar as its principles strongly resemble the Kyoto Protocol's Clean Development Mechanism (CDM), the other two approaches have so far not been clearly defined conceptually. This JIKO Policy Paper summarizes the views by Parties and observes that were submitted at the end of September and reveals some sharp differences in opinions on how Art. 6 should work.
    Keywords: ddc:320
    Repository Name: Wuppertal Institut für Klima, Umwelt, Energie
    Language: English
    Type: workingpaper , doc-type:workingPaper
    Format: application/pdf
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