CCAP Submission on Development of a Framework for Market Mechanisms that Avoids Double Counting of Effort and Achieves a Net Decrease in Greenhouse Gas Emissions

March 2012 | Stacey Davis

This UNFCCC submission is in response to the invitation [paragraph 81 of the Draft decision [-/CP.17] Outcome of the work of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention] for parties and admitted UNFCCC observer organizations to submit to the secretariat, by 5 March 2012, their views on the matters referred to in paragraphs 79 and 80. Paragraph 79 emphasizes that market approaches must meet standards that deliver real, permanent, additional and verified mitigation outcomes, avoid double counting of effort, and achieve a net decrease and/or avoidance of greenhouse gas emissions. Paragraph 80 requests the AHWG-LCA to conduct a work program to consider a framework for market approaches.

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