After five years of work since its inception, the Pacific Alliance Technical Subgroup for Monitoring, Reporting and Verification (SGT-MRV) will add Ecuador as a guest country to continue working regionally under this South-South cooperation scheme towards systems operational and sustainable MRV.
May 22, 2023.- On May 24, 25 and 26, the sixth face-to-face meeting of the Pacific Alliance (PA) Technical Subgroup for Monitoring, Reporting and Verification (SGT-MRV) will take place. During the first day of this meeting, climate policy and MRV systems by country will be addressed in an open session, the Economic Commission for Latin America and the Caribbean (ECLAC) will share the regional panorama in terms of carbon prices and the institutional presentation will be made of the International Emission Trading Association (IETA) and Conservation International as new allies of SGT-MRV. This event will be broadcast on ECLAC’s YouTube channel:
Among those attending this sixth meeting will be representatives of all the countries that make up the Pacific Alliance and Ecuador as a guest country, representatives of Environment and Climate Change Canada (ECCC), of Gold Standard as the implementing entity of the program and of the coordination of the SGT-MRV, who will discuss progress in the harmonization and convergence of GHG emissions MRV systems, mitigation actions, carbon price instruments and climate financing.
In this second phase of work of the SGT-MRV, which began in 2022 and ends in 2026, efforts have focused on exchanges and technical studies, capacity development, and implementation pilots in each country of this regional alliance.