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Update in Positions on the Framework for Various Approaches, the New Market-Based Mechanism and Non-Market Based Approaches

JIKO Policy Brief 01/2015

February 2015 - 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.