Advancing carbon markets - Germany‘s activities worldwide

Supporting the elaboration of the market provisions under the 2015 Paris Agreement and advancing carbon markets and countries’ readiness to participate in them is a key element in the Germany‘s climate policy strategy. The mandate of the Fe-deral Ministry for the Environment, Nature Conservation, Buil-ding and Nuclear Safety (BMUB) includes the provision of the German legal framework for emissions trading and the use of international credits for compliance purposes, cooperation with host countries, the Clean Development Mechanism (CDM) and Joint Implementation (JI) and their evolution and relationship with the Sustainable Development Mechanism enshrined in the Paris Agreement as well as emission trading and carbon pricing at European and international level.

Germany actively supports the international dialogue on carbon markets in a variety of forums. As part of the German G7 presi-dency, Germany initiated the Carbon Market Platform, a forum for strategic dialogue on different carbon pricing approaches among major economies and other interested jurisdictions. In December 2015, BMUB has launched a new international initia-tive for global phase out of nitrous oxide emissions. Furthermo-re, Germany is also the founding member of the International Carbon Action Partnership (ICAP) and an active partner of the World Bank’s Carbon Pricing Leadership Coalition (CPLC).

The BMUB‘s international cooperation on carbon markets fo-cuses on one hand on large emerging economies with very high mitigation potentials, such as China and India. On the other hand, BMUB cooperates with middle income countries in Middle East and North Africa and has a growing portfolio of acti-vities in Least Developed Countries, mostly in Sub-Saharan Africa.

BMUB supports the reform of the Clean Development Me-chanism, inter alia through programmatic approaches and the standardization of approaches and baselines. In this context, the German government is working to create networks with partner countries, the aim being to nurture close and regular contacts with government agencies, private sector representatives and other stakeholders. A wide range of bilateral projects both under the German government’s CDM/JI-Initiative and its Internatio-nal Climate Initiative (Internationale Klimaschutzinitiative - IKI) support this effort. Through its active membership in the multi-country Partnership for Market Readiness (PMR), it supports countries in developing and testing these new mechanisms.

www.carbon-mechanisms.de

Events at the German PavilionWednesday, 25 May

12:30 pm Domestic Carbon Initiatives in Europe: Experiences and Opportunities (adelphi)

01:30 pm Linking the Clean Development Mechanism and the Global Climate Fund (Perspectives)

02:30 pm ETS Handbook: Leveraging a decade of global experience (International Carbon Action Partnership)

03:30 pm Capacity Building ETS (BMUB)

04:15 pm Assessing the missed benefits of INDCs - Quantifying potential co-benefits (NewClimate Institute)

05:00 pm Main reception at the German Pavilion

Thursday, 26 May

09:30 am Talk: The German Federal Government‘s efforts to offset business trips as a model for imitation (UBA/DEHSt)

10:30 am Upscaled crediting under the Paris Agreement (Perspectives)

11:15 am Data Quality in GHG Inventories - How to build capacities in MRV on corporate, sectoral and national level (verico SCE)

12:00 pm Talk: New Market Mechanisms after COP21 in Paris (UBA/DEHSt)

12:45 pm Highlights from our latest research on ETS IV, MiFID II, and ESD II flexibility (FutureCamp)

01:15 pm Implementing NDCs: The Role of Markets and NAMAs (Perspectives)

02:00 pm Presentation of the India Climate Responsibility Facility (GIZ India)

02:45 pm Impacts of the Clean Development Mechanism - Quantifying the current and pre-2020 climate change mitigation impact of the CDM (NewClimate Institute)

03:30 pm Igniting CPA inclusion (GIZ Uganda/Uganda Carbon Bureau)

04:15 pm Building Blocks for Market Instruments: Lessons Learnt from the Mexican National Emissions Registry (GIZ Mexico)

Friday, 27 May

10:00 am ETS around the world - a guided tour (International Carbon Action Partnership)

11:30 am Exploring new options for the carbon market - 4 years of the Foundation „Future of the Carbon Market“ (BMUB)

Side Events

Governance and Perspectives of Linking Emissions Trading SystemsConvenor: BMUB together with ICAPThursday, 26th May10:30-11:30 am

Co-Benefits and the New Paris MechanismsConvenor: German Emissions Trading Authority (DEHSt)Thursday, 26th May05:00-06:00 pm

Linking Carbon Markets and Climate Finance: Potential for AfricaConvenor: BMUBFriday, 27th May10:00-11:00 am

Venue for all side events: Room 03, Second Floor

The German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) is again hosting a German Pavilion.

The joint appearance of exhibitors will be showcasing German carbon policies and services. Interested trade visitors are wel-come to visit the individual booths where representatives of the participating organisations and institutions will be availab-le for talks and discussions on the various topics pertaining to their area of expertise.

Furthermore, representatives of BMUB will be present at the German Pavilion and available for interviews and talks, e.g. on the European Emissions Trading System (EU ETS), Joint Im-plementation (JI) and Clean Development Mechanism (CDM).

© Federal Ministry for the Environment, Nature Conversation, Building and Nuclear Safety. All rights reserved.

Photo credit: elxeneize - shutterstock.com

German PavilionCARBON EXPO | Cologne 2016

adelphi

adelphi is a Berlin based think tank and public policy consultancy on environment, development and foreign policy. We support the development of emissions trading and market mechanisms worldwide, e.g. as host of the International Carbon Action Partnership (ICAP).

www.adelphi.de

Climate Focus

Climate Focus is a pioneering international advisory company committed to the development of measures that mitigate and adapt to the impacts of climate change, across a range of sectors including energy, forestry, agriculture, waste, and transport.

www.climatefocus.com

Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)

As a German federal enterprise, the GIZ offers workable, sustainable and effective solutions in political, economic and social change processes. Our wide range of services is based on a wealth of regional and technical expertise and on tried and tested management know-how.

www.giz.de

Perspectives GmbH

Perspectives is a research and consulting firm with more than 20 years of experience in climate policy, climate finance and carbon markets. We offer high quality advice and customized solutions for the CDM, NAMAs, INDCs, NMM and UNFCCC negotiations.

www.perspectives.cc

TÜV NORD CERT

TÜV NORD CERT is a worldwide active Designated Operational Entity (DOE) accredited under the UNFCCC for all sectoral scopes. Our experts have carried out validations and verifications for more than ten years. Further TÜV NORD CERT is also active in all kinds of voluntary carbon markets.

www.tuev-nord.de

verico SCE

verico SCE is a European cooperative with members from several EU member states, all of them being small enterprises or freelancers with expertise in monitoring, reporting and verification (MRV) of GHG emissions, sinks and reductions. Besides accredited verification services under EU-ETS and the certification of energy management systems their special focus is on consulting services and capacity building measures when establishing MRV regulations in emerging carbon markets or carbon tax systems.

www.verico.eu

EnergyAgency.NRW

The EnergyAgency.NRW is an independent, non-commercial contact for any inquiry concerning energy efficiency, emissions trading and renewable energy in North Rhine-Westphalia, Germany. It works on behalf of the regional government.

www.energieagentur.nrw.de

FutureCamp Climate

Since 2001, FutureCamp provides strategic and operational consulting services with focus on climate, energy and environment. Main areas of expertise are analysis, elaboration and implementation of ETS design elements, global climate governance, market-based mechanisms, carbon trading, GHG footprints and offsetting.

www.future-camp.de

German Emissions Trading Authority (DEHSt)

The German Emissions Trading Authority (DEHSt) at the Federal Environment Agency is the national authority for the implementation of the European Emissions Trading System for both stationary installations and aviation.

www.dehst.de

NewClimate Institute

The NewClimate Institute raises ambition for action against climate change through research, policy design and knowledge sharing. We evaluate and design market mechanisms, to support the successful transition from existing to emerging mechanisms.

www.newclimate.org

© Koelnmesse GmbH