Abstract
Carbon emissions transaction is made up of several links, e.g., emissions Monitoring, Reporting and Verification (MRV), allowances allocation, carbon pricing, transaction platform and transaction rules. MRV is an indispensable component, since data accuracy and truthfulness determines allowances computation, allocation efficiency and fulfillment of emissions reduction target. In aggregate, an appropriate MRV regime is an essential part for smooth operation of an emissions trading scheme (Interim Measures for Guangdong Carbon Emissions Administration, Guangdong Provincial Development and Reform Commission, 2013, [1]).
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Notes
- 1.
280/2004/EC Decision of the European Parliament and of the Council concerning a mechanism for monitoring Community greenhouse gas emissions and for implementing the Kyoto Protocol.
- 2.
2007/589/EC Guidelines for the monitoring and reporting of greenhouse gas emissions.
- 3.
ISO/IEC17011:2004 Conformity assessment—General requirements for accreditation bodies accrediting conformity assessment bodies.
- 4.
ISO 14065:2007 Greenhouse gases—Requirements for greenhouse gas validation and verification bodies for use in accreditation or other forms of recognition.
- 5.
ISO 14064-2: Greenhouse gases—Part 2: Specification with guidance at the project level for quantification, monitoring and reporting of greenhouse gas emission reductions or removal enhancements.
- 6.
ISO14064-3 Greenhouse gases—Part 3: Specification with guidance for the validation and verification of greenhouse gas assertions.
- 7.
ISO14065 Greenhouse gases—Requirements for greenhouse gas validation and verification bodies for use in accreditation or other forms of recognition.
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© 2019 China Environment Publishing Group Co., Ltd. and Springer Nature Singapore Pte Ltd.
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Zhao, D., Wang, W., Luo, Z. (2019). Emissions Monitoring, Reporting and Verification. In: A Brief Overview of China’s ETS Pilots. Springer, Singapore. https://doi.org/10.1007/978-981-13-1888-7_7
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DOI: https://doi.org/10.1007/978-981-13-1888-7_7
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