1. Panel Discussion on Supporting NDC Implementation Through Market and Non-Market Based Approaches: Carbon Pricing and More
6 September 2016
Kazuhisa KOAKUTSU
Climate and Energy Area
Institute for Global Environmental Strategies

2. Paris Agreement Overall
Paris Agreement (Legal)
Preamble/Objective (Art. 2)
Capacity Building (Art. 11), Education, Training and awareness (Art. 12)
NDC (Art. 3)
Mitigation (Art. 4), Sinks/REDD (Art. 5), Market Mechanism (Art. 6)
Transparency (Art. 13)
Global Stock take (Art. 14)
Adaptation (Art. 7), Loss and Damage (Art. 8)
Implementation and compliance (Art. 15)
Finance (Art. 9)
Organization and administrative (Art )
Technology (Art. 10)
Entry into force (Art. 21)

3. Long-term Low GHG Emission Strategy
Article 4: Mitigation
Global
Global peaking of greenhouse gas emissions and to undertake rapid reductions
Balance between anthropogenic emissions by sources and removals by sinks of greenhouse gases in the second half of this century
National
Each Party shall prepare, communicate and maintain successive nationally determined contributions (NDCs) that it intends to achieve.
Parties shall pursue domestic mitigation measures
NDCs will represent a progression beyond the Party’s then current NDC
Each Party shall communicate a NDC every five years
Developed country Parties should continue taking the lead by undertaking economy-wide absolute emission reduction targets. Developing country Parties should continue enhancing their mitigation efforts and are encouraged to move over time towards economy-wide emission reduction or limitation targets.
Long-term Low GHG Emission Strategy
All Parties should strive to formulate and communicate long-term low greenhouse gas emission development strategies

4. Article 6: Market Mechanism
Cooperative Approach (Article 6, 2-3)
Cooperative approaches that involve the use of internationally transferred mitigation outcomes towards nationally determined contributions and promote sustainable development and ensure environmental integrity and transparency
Shall apply robust accounting to ensure the avoidance of double counting consistent with guidance by Meeting of Paris Agreement (CMA)
A Mechanism to Mitigation and SD (Article 6, 4-7)
A mechanism to contribute to the mitigation of greenhouse gas emissions and support sustainable development is established under the authority and guidance of the CMA
ER from this mechanism will be used to achieve the NDC and shall not be used if that are used by another Party
Share of proceeds is used to meet the cost of adaptation
A Non-Market Approach (Article 6, 8-9)
Promote mitigation and adaptation ambition, enhance public and private participation, and coordination

5. Map 1: INDC and NDC submissions IGES INDC & NDC Database

6. Map 1: INDC and NDC submissions by countries
First NDC submitted
INDC submitted
INDC not submitted or not Party to the UNFCCC

7. Map 2: Status of Ratification of the Paris Agreement
Paris Agreement signed but not ratified
Paris Agreement signed and ratified
Paris Agreement not signed or not Party to the UNFCCC

8. Map 3: Mitigation target types
Use of a conditional mitigation scenario
Absolute emission reduction
Relative emission reduction
Carbon intensity reduction
Peak of carbon emission
Policies and actions
No INDC submitted or not Party to the UNFCCC

9. Map 4: Countries mentioning quantified financial needs and specific technology transfer needs in their INDC/NDC
Mention of specific technology transfer needs
Mention of quantified financial needs
Mention of both specific technology transfer needs and quantified financial needs
No mention of quantified financial need or specific technology transfer need
No INDC submitted or not Party to the UNFCCC

10. Map 4.1: Countries mentioning quantified financial needs in their INDC/NDC (in billion USD)
Eastern Europe & Central Asia
34.8
2,567.0
356.7
North Africa & the Middle East
Asia
58.2
2,456.9
Latin America & the Caribbean
1.5
Mention of quantified financial needs in INDC/NDC
Oceania
No INDC submitted or not Party to the UNFCCC
Sub-Saharan Africa

11. Map 5: Types of Financial Needs mentioned in INDC/NDCs
Policy implementation costs
Quantified need of international financial support
Both policy implementation costs and quantified need of international financial support
No mention of quantified financial need in INDC
No INDC submitted or not Party to the UNFCCC

12. Map 6: Main use of market mechanisms by countries
International market mechanisms
Regional market mechanisms
Bilateral market mechanism
National or sub-national trading scheme
No use of market mechanisms
No INDC submitted or not Party to the UNFCCC

13. Map 10: INDC and NDC submissions by countries
First NDC submitted
INDC submitted
INDC not submitted or not Party to the UNFCCC

14. Panel Discussion on Supporting NDC Implementation Through Market and Non-Market Based Approaches: Carbon Pricing and More
(Albert, EMB-DENR, Philippines) “What do you expect market and non-market based approaches to contribute to the NDC implementation.” (Naoki Torii, MOE, Japan) “What do you see the role of JCM in promoting emission reductions overseas and international cooperation, as well as in the context of implementing Japan’s NDC. “ (Mahua Acharya, GGGI) “What will be the relationship between the NDC and Green Growth Policy and how the market and non-market based approaches support for the implementation for both?”

15. Panel Discussion on Supporting NDC Implementation Through Market and Non-Market Based Approaches: Carbon Pricing and More
(Noim Uddin, CPMA) “How do you advise companies (project developers) for the use of market and non-market approaches under the NDC” (Hyungna Oh, Kyung Hee University, Korea) “What will be the implication of Article 6 for Korea, especially for the ETS? (Takashi Hongo, Mitsui Global Strategic Studies Institute) “Could you provide us some example of how companies will take action and change their behavior based on the carbon price and under new market conditions? What will be the challenges and opportunities for them?”