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.
Obergassel, W.: Update in Positions on the Framework for Various Approaches, the New Market-Based Mechanism and Non-Market Based Approaches. JIKO Policy Brief 01/2015. Wuppertal Institute for Climate, Environment and Energy. Wuppertal - 27 p. URL: www.carbon-mechanisms.de/en/FVA_positions
Date: February 2015
Type: Policy Brief