A study of voluntary carbon reduction mechanism design and cost-benefit analysis on GHGs management
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There are three main work items in this project; the implementation results achieved for each work item are summarized below.
Work item 1: improvement of voluntary reduction mechanism and supporting works of offset project review
The outcomes of “improvement of voluntary reduction mechanism” are listed as below. (1) Review the status of the international voluntary reduction mechanism, including CDM, VCS, JI, and GS. Based on the information provided in the comments, the suggested amendments to Taiwan's voluntary reduction mechanism are proposed. (2) Compare the review process of domestic and international reduction projects and make recommendations on the current review process in Taiwan. (3) Assist in amending the "Regulations of Management for Greenhouse Gas Offset Projects". (4) Summarize and document the common technical issues in the review process of the offset project for the reviewers and applicant's reference.
In terms of “supporting works of offset project review”, the work results include: (1) a total of 4 greenhouse gas reduction outcomes approval review meetings; (2) 38 offset projects / reduction methodology review, and 40 review meetings of technical experts are completed; (3) the results of the project review and expert meeting are compiled and submitted to the Taiwan EPA for record every month.
Work item 2: GHGs management of development projects
The main results of this work item include three as follows. (1) Institutionalize the review and support of
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Keyword |
Early Action Project and Offset Project, Carbon Pricing, Additionality of investment, Reduction costs for GHGs, Economic Impact Analysis,
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