MRV provisions in the LCA Text

All reasonable efforts have been made to ensure the accuracy of this information at the time the advice was produced (please refer to the date produced below). However, the materials have been prepared for informational purposes only and may have been superseded by more recent developments. They do not constitute formal legal advice or create a lawyer-client relationship. You should seek legal advice to take account of your own interests. To the extent permitted any liability is excluded. Those consulting the database may wish to contact LRI for clarifications and an updated analysis.

Date produced: 19/07/2010

In this paper, we set out our response to the following questions:

analyse the MRV provisions in the LCA text (the “Agreement”) in respect of (i) financial obligations of developed country parties; (ii) mitigation actions by developed parties; (iii) mitigation actions by developing parties. How do they operate?
Do the respective levels of MRV for developed and developing country parties reflect the principle of ‘common but differentiated responsibilities’?
Are the MRV provisions in respect of developed country parties for finance and mitigation consistent? If not, please suggest ways to make them consistent using
the more robust and stricter provisions as a baseline.