Webinar: Designing Accreditation and Verification Systems

Carbon pricing instruments (CPIs) involve large legal and financial interests. Trust in the accuracy and integrity of the reported data is therefore a prerequisite for a well-functioning instrument. To ensure accuracy and integrity of data a robust monitoring, reporting and verification (MRV) system is essential. Verification is essential to enhance trust in a carbon pricing system. Where systems have large financial implications, participation is voluntary or international exchange of units is planned, this trust is paramount for successful implementation.