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Enhancing mitigation and finance reporting: Building on current experience to meet the Paris Agreement requirements

Author

Listed:
  • Lola Vallejo

    (OECD)

  • Sara Moarif

    (International Energy Agency)

  • Aidy Halimanjaya

    (Universitas Padjadjaran SDGs Center)

Abstract

The future enhanced transparency framework outlined in the Paris Agreement and its accompanying Decision is to build on, enhance and eventually supersede the existing measurement, reporting and verification (MRV) system established under the Cancún Agreements. This paper explores the issues of “building on” and “enhancing” as they relate to the biennial reporting of information on mitigation and finance, by drawing lessons from the existing MRV system and examining the Paris Agreement’s provisions. It examines four areas: greenhouse gas (GHG) inventories, reporting on progress with the mitigation component of nationally determined contributions (NDCs), finance provided and mobilised, and financial support received and needed. The paper also highlights the challenges met by Parties while reporting information for these areas to date, and provides suggestions on how forthcoming modalities, procedures and guidelines (MPGs) might reduce these difficulties.

Suggested Citation

  • Lola Vallejo & Sara Moarif & Aidy Halimanjaya, 2017. "Enhancing mitigation and finance reporting: Building on current experience to meet the Paris Agreement requirements," OECD/IEA Climate Change Expert Group Papers 2017/6, OECD Publishing.
  • Handle: RePEc:oec:envaab:2017/6-en
    DOI: 10.1787/5e354935-en
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    File URL: https://doi.org/10.1787/5e354935-en
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    More about this item

    Keywords

    climate change; climate finance; mitigation; transparency; UNFCCC;

    JEL classification:

    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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