Assessment of the first phase of the European Emissions Trading Scheme
Researchers at CDC Climat contributed to the ex-post evaluation of the first phase of the EU ETS as part of an international research program. Their work focused particularly on the allocation choices, financial analysis of the EU carbon market as well as on the links to other carbon markets. This analysis was published in "Pricing Carbon: The European Union Emissions Trading Scheme " by Cambridge University Press in February 2010.
All documents discussed during interim work sessions are available here: Learn more
Evaluation of the voluntary VCS standard’s rules
CDC Climat participated in the consultation launched by VCSA to improve the environmental integrity and practicality of rules and documents which are used by the voluntary offsetting Verified Carbon Standard. This contribution also resulted in a publication explaining the main issues of these methodological changes.
Cost vs. accuracy of MRV solutions
Procedures for monitoring, reporting and verification (MRV) that currently exist for greenhouse gas emissions are largely based on the guidelines of the Intergovernmental Panel on Climate Change (IPCC ). But they do not integrate some available or under development technologies. The program developed by the research team of CDC Climat aims at better understanding the current procedures for MRV and at studying the relationship between cost and accuracy of the new technologies available, in line with the requirements of MRV for carbon markets.
Training and capacity building on NAMAs’ role
CDC Climat develops an analysis of international policies on climate financing for developing countries. This analysis includes new market mechanisms and the development of Nationally Appropriate Mitigation Actions (NAMAs). CDC Climat expertise materializes in the form of publications and lectures in conferences or training seminars. For example CDC Climat experts spoke at the launch seminar of the project for “capacity building in areas of the inventory of greenhouse gas emissions and the MRV" in Tunisia as well as during the conference organized by the ECOWAS Regional Centre for Renewable Energy and Energy Efficiency (ECREEE)) on funding and investment in mitigation actions in West Africa.
Implementation of registries and MRV software
In 2002, CDC Climat was commissioned by the French Government to develop software for the national greenhouse gas emissions registry. The Seringas software has been since used by 18 countries-customers. CDC Climat also became one of the three registry managers for the voluntary standard VCS.
The UK Environment Agency also entrusted to CDC Climat the development of its MRV software. The objective was to facilitate the inclusion of airlines in the European Trading Scheme in 2012 and to increase the fluidity of information exchange among all operators, verifiers and competent authorities. It is currently used by the United Kingdom and Ireland.
CDC Climat is phasing out its technical developments activities but relies on trusted partners to continue to support the establishment of registries and other technical solutions for the climate policies of its customers.
Support to the design and implementation of domestic offset projects in France
From 2005 to 2008, CDC Climat supported the French Government in the design and implementation of a national system for emissions reduction projects, based on the Joint Implementation mechanism established by the Kyoto Protocol.