Designing Accreditation and Verification Systems
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 essential 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.
The webinar, aims to help regulators to better understand their options in designing a verification system tailored to their specific needs and circumstances.