Designing Accreditation and Verification Systems : A Guide to Ensuring Credibility for Carbon Pricing Instruments
Carbon pricing instruments (CPIs) involve large legal and financial interests. Trust in the accuracy and integrity of the reported data is therefore a prerequisite for a well-functioning instrument. To ensure accuracy and integrity of data, a robus...
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| Format: | Technical Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/256881550773558761/Designing-Accreditation-and-Verification-Systems-A-Guide-to-Ensuring-Credibility-for-Carbon-Pricing-Instruments http://hdl.handle.net/10986/31324 |
| Summary: | Carbon pricing instruments (CPIs)
involve large legal and financial interests. Trust in the
accuracy and integrity of the reported data is therefore a
prerequisite for a well-functioning instrument. To ensure
accuracy and integrity of data, a robust monitoring,
reporting, and verification (MRV) system is essential.
Verification is critical to enhance trust in a carbon
pricing system. Where systems have large financial
implications, participation is voluntary, or international
exchange of units is planned, this trust is paramount for
successful implementation. This guidebook aims to help
regulators to better understand their options in designing a
verification system tailored to their specific needs and circumstances. |
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