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Designing Accreditation and Verification Systems : A Guide to Ensuring Credibility for Carbon Pricing Instruments.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
Partnership for Market Readiness.
Contributor:
Partnership for Market Readiness.
Series:
Partnership for Market Readiness Technical Papers.
World Bank e-Library.
Partnership for Market Readiness Technical Papers
Language:
English
Subjects (All):
Carbon Policy and Trading.
Climate Change and Environment.
Climate Change Mitigation and Green House Gases.
Environment.
Local Subjects:
Carbon Policy and Trading.
Climate Change and Environment.
Climate Change Mitigation and Green House Gases.
Environment.
Other Title:
Designing Accreditation and Verification Systems
Place of Publication:
Washington, D.C. : The World Bank, 2019.
System Details:
data file
Summary:
Carbon pricing instruments (CPIs) involve large legal and financial interests. Trust in the accuracy and integrity of the reported data is therefore a prerequisite for a well-functioning instrument. To ensure accuracy and integrity of data, a robust monitoring, reporting, and verification (MRV) system is essential. Verification is critical to enhance trust in a carbon pricing system. Where systems have large financial implications, participation is voluntary, or international exchange of units is planned, this trust is paramount for successful implementation. This guidebook aims to help regulators to better understand their options in designing a verification system tailored to their specific needs and circumstances.

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