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Strategy development project on expanding voluntary GHG Reduction implementation and crediting effor

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The 17th Conferences of the Parties (COP) of United Nations Framework Convention on Climate Change (UNFCCC) has ended in Durban, South Africa December 2011. Following its conclusion the Ad Hoc Working Group on the Durban Platform for Enhanced Action has been established assisting countries to begin negotiation process for a new global climate change regime by 2015 in order to be implemented by 2020. This new climate change regime will include major emitters such as U.S., China and India under a single framework, differing from Kyoto’s two tracks system between the Annex-I and non-Annex I countries. Meanwhile Kyoto’s Clean Development Mechanism (CDM), which has been implemented for 10 years, continues to revise its methodologies and relevant rules for validation, verification, registration and issuance. This flexible mechanism is dedicated in capacity-building of clean technologies in developing and financially disadvantaged countries, aiming to fulfill the Convention’s objective. Prior to a clear and precise global climate change regime, countries worldwide are now turned attention of GHG management towards domestic efforts while complying UNFCCC’s measurable, reportable and verifiable (MRV) requirement to demonstrate one’s GHG reduction outcomes. The neighboring countries Japan and Korea have also gradually complete their GHG emissions data collection and reduction programs for the industries. On December 18, 2010 Taiwan Executive Yuan established “Energy Conservation and GHG Reduction Committee”, chaired by Then Vice Premier Li-Luan, Chu, and formalized “National Energy Conservation and GHG Reduction Plan”. This plan contains rolling period of tracking and evaluation processes for government’s policy performance in response to climate change as well as mitigation actions by law that is periodic, transparent and comparable. The plan also responsible for the implementation of MRV as the foundation of Taiwan’s GHG reduction efforts. This has demonstrated that not only Taiwan’s GHG management is in conformity with international approaches, but enhances Taiwan’s existing sustainable development framework. The Strategy development project on expanding voluntary GHG Reduction implementation and crediting efforts (the Project) , while meeting the criteria required by the project tenderers guideline, is an ongoing work based on current development of domestic GHG accounting, registration, validation, verification, project reductions and assessment of international GHG management as the results of earlier studies from 2004 to 2011. The Project continues to enhance domestic GHG management by considering the status of Taiwan’s industries into account involving the following tasks: 1. Assessing international approach on GHG reductions and reflect such measures to Taiwan’s domestic management; 2. Conducting studies and research for domestic GHG reduction mechanism, continuing formalizing the determination framework of suitable baselines; 3. Conducting review process for Early-Reduction Project and Offset Project submissions, and studies over emissions reductions credit applications and usage limitations; 4. Enhancing associated functionalities of GHG registry to support Taiwan’s voluntary GHG reductions.
Keyword
Greenhouse gases, GHG; registration; voluntary reductions
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