March 13th, 2023.- The Technical Subgroup on Measurement, Reporting, and Verification (SGT-MRV) of the Pacific Alliance, with the sponsorship of Environment and Climate Change Canada (ECCC) and the technical support of Gold Standard, held on March 7th, the second in a series of four virtual technical workshops aimed at increasing knowledge and practical experience on Article 6 of the Paris Agreement. The meeting, in which more than 40 experts participated, delved into the economic instruments available under Article 6 for cooperation between countries in the global reduction of greenhouse gas (GHG) emissions.
The first workshop focused on ‘authorization’, a practice that allows for one of the Parties involved to generate a statement that the mitigation results obtained can be used for the Nationally Determined Contribution (NDC) of a different Party, and/or can be used for international mitigation purposes beyond the use for an NDC. The second workshop, on the other hand, addressed ‘corresponding adjustments’, or the practice whereby a Party applies an accounting adjustment for each Internationally Transferred Mitigation Outcome (ITMO).
Although the attendees to the workshops are nominated by each country, the SGT-MRV will publish the material of each of the workshops on the official website of the Pacific Alliance. All the material related to the first workshop -technical documents, presentation, and summary- is already available on the web page, which can be accessed through the following link: https://alianzapacifico.net/grupotecnico-medio-ambiente/ (choose tab SUBGROUP MEASUREMENT, REPORTING AND VERIFICATION).
The next workshop will address the topic of ‘records and their interoperability’, and will be held virtually on April 4th.
Thus, the SGT-MRV continues to develop the objectives defined in its coordination framework, aligned with its goal to consolidate and harmonize the technical capacities of the Pacific Alliance countries and to advance towards harmonized standards and protocols for monitoring, policy reporting, and mitigation, adaptation, and climate actions among these countries.