Mid-term Measure Assessment Tool Methodology Paper

The document describes a methodology for evaluating market-based measures (MBMs) and fuel standards in the shipping sector. It establishes a 100-point scoring system based on seven criteria, with the highest weights assigned to alignment with the Paris Agreement's 1.5 °C target and the speed of pollution reduction. The tool provides specific quantitative benchmarks for emissions caps, carbon levies, and GHG intensity limits across five climate scenarios, while also assessing equity, revenue use for vulnerable countries, and enforcement mechanisms.

• The assessment tool uses seven weighted criteria to score proposals, with the most critical being alignment with the 1.5 °C target and the ability to decrease pollution within the current decade, each weighted at 30 points.
• To align with the Paris Agreement 1.5 °C scenario, the tool defines specific 2030, 2040, and 2050 targets: a 50% reduction in 2030 (388 Mt CO2/year TTW), a 25% reduction in 2040 (194 Mt CO2/year TTW), and full decarbonisation by 2050.
• The methodology converts emission targets into specific carbon levy values; for the 1.5 °C scenario, the required TTW fuel levy is $506/tonneCO2 in 2030, $546/tonneCO2 in 2040, and $405/tonneCO2 in 2050.
• For GHG Intensity limits to meet the 1.5 °C target, the tool requires reductions compared to 2020 intensity of 42% by 2030, 71% by 2040, and 100% by 2050.
• Equity and financial support are prioritized through criteria that award points if a proposal raises revenues and guarantees a significant share (at least 51% for maximum points) for climate-vulnerable countries.
• The tool emphasizes immediate action in this decade, awarding maximum points if a proposal proposes to amend MARPOL Annex VI, enters into force by 2025 or earlier, and applies to at least 95% of emissions from the start.

APA

Faber, J., & Meijer, C. (2022). Mid-term Measure Assessment Tool Methodology Paper. Carbon Market Watch. https://carbonmarketwatch.org/wp-content/uploads/2024/09/CE_Delft_210435_Mid-term_Measure_Assessment_Tool_Def.pdf

Chicago

Faber, Jasper, and Christiaan Meijer. Mid-term Measure Assessment Tool Methodology Paper. Carbon Market Watch, 2022. https://carbonmarketwatch.org/wp-content/uploads/2024/09/CE_Delft_210435_Mid-term_Measure_Assessment_Tool_Def.pdf.

Wikipedia

{{cite report |last1=Faber |first1=Jasper |last2=Meijer |first2=Christiaan |title=Mid-term Measure Assessment Tool Methodology Paper |publisher=Carbon Market Watch |date=November 2022 |url=https://carbonmarketwatch.org/wp-content/uploads/2024/09/CE_Delft_210435_Mid-term_Measure_Assessment_Tool_Def.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{faber2022midterm, author = {Faber, Jasper and Meijer, Christiaan}, title = {{Mid-term Measure Assessment Tool Methodology Paper}}, institution = {Carbon Market Watch}, year = {2022}, month = nov, url = {https://carbonmarketwatch.org/wp-content/uploads/2024/09/CE_Delft_210435_Mid-term_Measure_Assessment_Tool_Def.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }