The project for Implementing Voluntary Program of the Greenhouse Gases (GHG) Registration, Verification and Reduction (the Project) provides technical assistance for Taiwan EPA in the policy design for a national voluntary GHG reduction scheme. This Project has drawn insights regarding to GHG methodologies and VER(Voluntary Emission Reduction), ET(Emission Trading) scheme mechanisms from the latest international development up to date. Accordingly, those analytical results have allowed the Project to set out domestic guidelines for the industries regarding GHG inventory, registration and verification. In the light of establishing a national GHG scheme, this Project has officially established a National Greenhouse Gas Inventories platform. This platform could be the early stage of designated registry by the competent authority(EPA). The Project has completed the following works： 1. A subsidiary legislation supporting the draft Greenhouse Gas Reduction Act, including the draft Greenhouse Gas Reduction Act (Enforcement Rules), the draft Greenhouse Gas Inventory and Verification Regulation and the draft Greenhouse Gas Verifier Accreditation Regulation. 2. The draft Greenhouse Gas Early Action Program (the Program) providing principles, guidelines for additionality determination and project-based emission reductions - The project design documents (PDD) of the Program has been outlined based on expert opinions, feedbacks from potential participants. Five CDM project case studies and the methodologies have been studied and translated. This project ,with the help of proper project validator, also completed 1 validation process. 3. Guidelines and eligibility criteria involved in GHG verification and validation processes have been formalized based on 4 demonstration projects from major industrial sectors including power generation, iron and steel, pulp and paper and petrochemical, ensuring a rigid and fair accreditation process with high quality project outcomes and a verification process compatible to the ISO 14065. 4. The establishment of an online GHG registry platform which include inventory registry and VER registry. The National Greenhouse Gas Inventories have total greenhouse gas emissions of 124 megatonnes CO2e reported from 82 participants , which have accounted for 67% of the top 100 industries with 48% completed the 3rd-party verification processes. 5. The Project has evaluated the approaches, frameworks and principles of the European National Allocation Plans regarding to the Phase I Emissions Trading. The Project also provides responses to the inquiries made from Members of Parliament addressing the issues of various allocation options including free allocation, auction and the other considerations such as pollution levies. In order to minimize the impact upon the implementation, it has been concluded that a free allocation approach will be adopted for each industrial sector during the initial compliance period, and gradually imposed with a much stringent allocation approaches in the long-term. 6. The Project has completed the preliminary design for emissions trading simulation and the relevant considerations for planning, which is provided by opinions across a wide range of experts, with gathered researches and studies associated to the financial regulations in Germany and Japan, the operational mechanism of the Chicago Climate Exchange and the overall administrative arrangement, roles and jurisdictions under these settings.

greenhouse gas, the Greenhouse gas protocol, ISO 14064, inventory, registration, verification,emission trading