VIEWS ON THE FRAMEWORK FOR VARIOUS APPROACHES

Carbon Market Watch opposes a pilot phase for the Framework for Various Approaches (FVA), arguing that the lack of established rules on environmental integrity and accounting makes such a phase premature. The organization warns that recognizing "early action" from a pilot could undermine future post-2020 climate regime negotiations and set a dangerous precedent for low-quality market units. It suggests that the FVA process should instead be used to define rigorous standards for real, permanent, and additional mitigation and to resolve double-counting issues, particularly those seen in the Clean Development Mechanism (CDM).

• Establishing a pilot phase for the FVA is premature because the UNFCCC has not yet defined the rules and governance structures necessary to ensure the environmental integrity and sound accounting of market units.
• Allowing the recognition of "early action" for participants in an FVA pilot phase could negatively impact the Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP) discussions, as fundamental principles for the post-2020 regime are not yet set.
• The Clean Development Mechanism (CDM) demonstrates a risk of double counting where both the buyer and the host country may count the same emission reductions toward their targets, as host countries are not required to account for sold offsets in their own greenhouse gas accounting.
• An FVA pilot phase would provide limited additional value because significant knowledge on designing and governing carbon market schemes has already been accumulated over the last decade, and many countries are already developing domestic or bilateral mechanisms.
• To ensure the integrity of mitigation pledges, the FVA must establish clear definitions and implementation rules for outcomes that are "real, permanent, additional and verified," and must specifically address "double claiming" where both host and buyer countries count the same reductions.

APA

Carbon Market Watch (2013). VIEWS ON THE FRAMEWORK FOR VARIOUS APPROACHES. https://carbonmarketwatch.org/wp-content/uploads/2013/09/CarbonMarketWatch_Views-onFVA_2Sept2013.pdf

Chicago

Carbon Market Watch. VIEWS ON THE FRAMEWORK FOR VARIOUS APPROACHES. 2013. https://carbonmarketwatch.org/wp-content/uploads/2013/09/CarbonMarketWatch_Views-onFVA_2Sept2013.pdf.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=VIEWS ON THE FRAMEWORK FOR VARIOUS APPROACHES |date=2 September 2013 |url=https://carbonmarketwatch.org/wp-content/uploads/2013/09/CarbonMarketWatch_Views-onFVA_2Sept2013.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatch2013views, author = {{Carbon Market Watch}}, title = {{VIEWS ON THE FRAMEWORK FOR VARIOUS APPROACHES}}, publisher = {Carbon Market Watch}, year = {2013}, month = sep, url = {https://carbonmarketwatch.org/wp-content/uploads/2013/09/CarbonMarketWatch_Views-onFVA_2Sept2013.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }