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Comparative analysis of the international carbon verification policies and systems

Author

Listed:
  • Jianfu Wang

    (Huazhong University of Science and Technology)

  • Shiping Jin

    (Huazhong University of Science and Technology)

  • Weiguo Bai

    (Green World Low-Carbon Economy and Technology Center)

  • Yongliang Li

    (China Petroleum and Chemical Industry Federation)

  • Yuhui Jin

    (Huazhong University of Science and Technology)

Abstract

Carbon verification, which can guarantee the reliability and credibility of greenhouse gas (GHG) emission data, is the most important part of the daily operations of the carbon emission right trading system. Many international institutions, countries and regions have conducted research on and have practiced carbon verification policies and systems. Through comparative analysis of the international carbon verification policies and systems, they can provide experience for Chinese unified national carbon market to start supporting carbon verification. The paper study concludes that (1) carbon verification systems developed by international institutions focus on the scientific level of verification methods; (2) carbon verification policies and systems issued by important countries and regions draw on International Standardization Organization (ISO)14064 standards based on their national conditions and focus on the scientific level and reasonableness of verification methods; (3) major international experience includes complete verification policies and systems, strict standard verification procedures, diversified verification forms and a focus on key emission sources. Based on the differences in China’s carbon emissions characteristics caused by unbalanced regional economic development and the conditions of carbon verification in seven pilot carbon trading areas, this thesis proposes the following suggestions: pushing forward the establishment of carbon verification policies and systems by accelerating legislation on climate changes; facilitating carbon verification in a coordinated manner; regulating key GHG emission sources; establishing and improving supervision on carbon verification; and intensifying international exchanges and cooperation.

Suggested Citation

  • Jianfu Wang & Shiping Jin & Weiguo Bai & Yongliang Li & Yuhui Jin, 2016. "Comparative analysis of the international carbon verification policies and systems," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 84(1), pages 381-397, November.
    • Handle: RePEc:spr:nathaz:v:84:y:2016:i:1:d:10.1007_s11069-016-2593-5
    DOI: 10.1007/s11069-016-2593-5
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    References listed on IDEAS

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    1. Jia, Jun-Jun & Xu, Jin-Hua & Fan, Ying, 2016. "The impact of verified emissions announcements on the European Union emissions trading scheme: A bilaterally modified dummy variable modelling analysis," Applied Energy, Elsevier, vol. 173(C), pages 567-577.
    2. Harald Winkler & Niklas Höhne & Michel Den Elzen, 2008. "Methods for quantifying the benefits of sustainable development policies and measures (SD-PAMs)," Climate Policy, Taylor & Francis Journals, vol. 8(2), pages 119-134, March.
    3. Li Li & Yalin Lei & Dongyang Pan, 2015. "Economic and environmental evaluation of coal production in China and policy implications," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 77(2), pages 1125-1141, June.
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