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Monitoring, Reporting and Verifying Emissions in the Climate Economy

This conference aims to give participants an overview of the main results of the recent book Accounting for Carbon: Monitoring, Reporting, and Verifying emissions in the climate economy, recently published by Cambridge University Press. This book brings together expertise from CDC Climat Research, CITEPA, Southpole and NPL.

Based on the most recent developments in climate science, in combination with deeply-rooted economics theory, the book describes how monitoring, reporting, and verifying (MRV) are currently practiced in 15 important policy frameworks -- including notably national greenhouse gas inventories supervised by the United Nations, the EU's Emissions Trading Scheme and the Clean Development Mechanism -- and compares them on the basis of key criteria, such as scope, cost, uncertainty and flexibility.

MRV procedures are one of the solid pillars of climate action. Indeed, the need for MRV is a common feature of all the possible future carbon-pricing mechanisms, whether they take the form of carbon taxes, cap-and-trade systems, and environmental labeling or carbon footprint disclosure. Moreover, while national governments have historically been reluctant to commit to emissions caps in an international agreement, they all stand to gain in adopting common methods and procedures to quantify emissions occurring elsewhere – whether internationally or subnationally. This is probably why MRV is one of the fastest-moving issues in international climate negotiations, and one of the most likely to be resolved.

Speakers

Andrei Marcu
Head of CEPS Carbon Market Forum & Deputy Director of CEPS Energy Climate House
Chair
Guillaume Jacquier
Energy-related Industrial Processes Unit,
CITEPA
Speaker
Igor Shishlov
Research Fellow,
CDC Climat
Speaker
Marco Loprieno
Policy Officer,
European Commission
Discussant
Benoît Leguet Managing
Director, Head of Research,
CDC Climat
Discussant
Thanh Tam
Director,
EIT Climate-KIC
Discussant

29may

29 May 2015Friday10:30 - 12:30
Participation in this event is exceptionally free of charge.
CEPS
1, Place du Congres
1000 Brussels
Belgium

Contact

Former Deputy Director of CEPS Energy Climate House & Head, Carbon Market Forum
Executive Assistant