It describes the MRV procedures in place in more than fifteen of the most important policy frameworks – such as emissions trading systems in Europe, Australia, California and China, and the United Nations Framework Convention on Climate Change – and compares them along key criteria such as scope, cost, uncertainty and flexibility.
The book draws on the expertise of south pole group, CDC Climate research, CITEPA and NPL to provide a practical guide to help government and non-governmental policy makers and key stakeholders in industry to better understand different MRV requirements, the key trade-offs faced by regulators and the choices made by up-and-running carbon pricing initiatives.