Climate change

Global Forum on Environment Event / Climate Change Expert Group Seminar on MRV and Carbon Markets (September 2011)


Co-organised by the OECD and the IEA
19-20 September 2011, International Energy Agency, Paris


List of Participants            Annotated Agenda

This Global Forum brought together experts from a wide range of countries and organisations to discuss issues related to carbon markets and measurement, reporting and verification (MRV) of climate change actions and finance.* There were over 130 participants representing 45 different countries and organisations, including nine non-member developing countries, the UNFCCC Secretariat, NGOs, research institutes, business and industry representatives. The seminar featured breakout groups which focussed on four specific topics of relevance to the ongoing climate change negotiations: (i) international assessment and review (IAR) and international consultations and analysis (ICA); (ii) setting baselines; (iii) MRV of finance; and (iv) managing greenhouse gas units from multiple market mechanisms.


Day 1

Welcoming Remarks

  • Fernando Tudela, Chair of the Climate Change Expert Group
  • Rick Bradley, Head, Energy Efficiency and Environment Division, IEA
  • Marie-Christine Tremblay, Head, Climate Change, Biodiversity and Development Division, OECD

Opening Plenary

  • Brian Mantlana, South Africa
  • Andrea Garcia Guerrero, Colombia
  • Paul Watkinson, France

2a. Breakout Group:

Review: International Assessment and Review (IAR) and International Consultations and Analysis (ICA)


Cancun agreed to provide for international examination of information reported by both developed and developing countries. This session examined the possible design options of: (i) international assessment and review (IAR) as well as enhanced review for developed countries; and (ii) international consultations and analysis (ICA) for developing countries.


  • Helen Plume, New Zealand
  • Chaiwat Muncharoen, Thailand

 Part 1: International Assessment and Review (IAR)

 Part 2: International Consultations and Analysis (ICA)

 Part 3: Similarities & differ-ences between IAR & ICA

  • Areas of agreement and areas for further discussion (Outcomes)

  Final report (released November 2011)

“Design Options for International Assessment and Review (IAR) and International Consultations and Analysis (ICA)” by Jane Ellis (OECD), Gregory Briner (OECD), Yamide Dagnet (UK DECC) and Nina Campbell (IEA)


2b. Breakout Group:

Setting Baselines


Baselines can serve to assess progress made in GHG mitigation and can have financial consequences if used to generate emission credits. This session was in two parts: (i) discussion of best practice sharing between countries on setting national and sector baselines (following joint OECD/Denmark project), and (ii) discussion of the suitability of various baseline metrics used in different sectors and countries (based on the OECD/IEA discussion document listed below).


  • Alexa Kleysteuber, Chile
  • Pedro Martins Barata, Portugal

Part 1:

Choosing metrics for baselines 

Part 2: National baseline scenarios

Part 3:

Draft Discussion Document 2:

Draft Discussion Document 3:

Setting Emissions Baselines: Choosing Metrics for National and Sectoral Baselines” by Andrew Prag, Jane Ellis and Andrew Bilski (OECD)

Outcomes of a Workshop on Setting Emissions Baselines” by the Danish Energy Agency and Andrew Prag (OECD)


Day 2

3a. Breakout Group:

MRV of Finance


Developed countries agreed to mobilise 100 billion USD/year of climate finance by 2020, but no system is in place to track all relevant flows and receipt of climate finance. This session highlighted approaches for both developed and developing countries to begin to systematically track commitments, disbursements and use of international climate finance.


 Part 1: What is currently needed in the negotiations?

  • Yolando Velasco, UNFCCC
  • Elina Bardram, EC
  • Michele Campbell, Canada

 Part 2: Tracking North-South flows of climate finance

Part 3: Tracking receipt of climate finance

Wrap up

  • Areas of agreement and areas for further discussion (Outcomes)

Background document

“Monitoring and Tracking Long-Term Finance to Support Climate Action” by Barbara Buchner (CPI), Jessica Brown (ODI) and Jan Corfee-Morlot (OECD), OECD/IEA Information Paper, May 2011.



 3b. Breakout Group:

Managing  GHG Units from Multiple Market Mechanisms


There will be a growing number of GHG unit types after 2012, some of which will be traded nationally and internationally. In order to understand the extent of countries’ activities in relation to their national mitigation pledges, it will be important to be able to compare and track the flow of these different units. This session identified the challenges in governing and tracking multiple unit systems, and ways to overcome these challenges.


  • Kohei Nakamura, Japan
  • Mandy Rambharo, South Africa

Part 1: Options for crediting mechanisms

Part 2: Options for tracking of unit transactions


  • Areas of agreement and areas for further discussion (Outcomes)

Draft Discussion Document 4


Final report (released November 2011)

"Greenhouse Gas Unit Accounting After 2012: Managing Crediting Mechanisms and Tracking Transactions” by Andrew Prag, (OECD), Christina Hood (IEA), André Aasrud (IEA) and Gregory Briner (OECD)


"Tracking and Trading: Expanding on Options for International Greenhouse Gas Unit Accounting After 2012" by Andrew Prag, (OECD), Christina Hood (IEA), André Aasrud (IEA) and Gregory Briner (OECD)

4. Closing Plenary

Cross-Cutting Issues in MRV and Carbon Markets

  • Outcome of breakout groups
  • Discussion of next steps


* Discussions in this seminar aim to increase understanding amongst a wide range of countries of issues that are key to the international climate negotiations. However, this seminar is an informal meeting outside the negotiations, and discussions are non-attributed. The CCXG Secretariat would like to thank Australia, Canada, the EC, Finland, Japan, Netherlands, New Zealand, Norway, Sweden, Switzerland, UK and US for their direct funding of the CCXG in 2010/11, as well as OECD, IEA, Denmark and the UK for their in-kind support.