Hyo-eun Jenny KimMinistry of Foreign Affairs & Trade

Republic of Korea

NAMA Registry- Korea’s Proposal for Post–2012 Negotiation -

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ContentsI. Rationale of NAMA Registry

II. Scope & Nature of Registration

III. Types of NAMA

IV. MRV of NAMA

V. Merits of NAMA Registry

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1. Bali Action Plan

1(b)

I. Rationale of NAMA Registry

ii) Nationally appropriate mitigation actions bydeveloping Country Parties in the context ofsustainable development, supported andenabled by technology, financing and capacity-building, in a measurable, reportable andverifiable manner;

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I. Rationale of NAMA Registry

2. How to Operate BAP1(b)(ii)

Both NAMA and support for developing countries are subject to MRV principle

Mechanism is needed to compile NAMAs and identify areas in need of supports

Mitigation actions of developing countries should be given international recognition

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1. Scope of NAMA

Actions that have direct linkage to mitigation

• Ex) SD-PAMs, REDD, sector–wide technology standards, laws & regulations, cap-and-trade schemes, renewable energy ratio, congestion changes

Actions commensurate with the capability of each party

II. Scope and Nature of Registration

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2. Voluntary registration

Expression of willingness to implement mitigation actions

To state the kind of support needed to implement mitigation actions

To state the expected quantity of mitigation and time frame

II. Scope and Nature of Registration

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1. Three Types of NAMA

Actions that developing countries would take voluntarily and unilaterally

Actions that require support from developed countries

Actions that developing countries are willing to take to acquire carbon credits

III. Types of NAMA

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2. Unilateral NAMA

Developing countries are already taking meaningful mitigation actions.- Korea, China, Mexico’s National Policies and Plans

Unilateral actions should be recognized as int’l actions- Encourage developing countries’ voluntary actions

III. Types of NAMA

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3. Actions requiring developed countries’ support

Actions that developing countries are willing to take with developed countries’ financial, technological and capacity-building support

Specification of the kind of support needed from developed countries

III. Types of NAMA

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4. Carbon credits

Use carbon credits to create market incentive and induce private investment

REDD and Sectoral crediting schemes

Expand the scope of the current CDM, include program & policy based actions

III. Types of NAMA

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1. Basic Principles

Both NAMA and support for developing countries should be MRV

Stringency of MRV should vary for different levels of support

IV. MRV of NAMA

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2. Unilateral NAMA

A stringent MRV system should not apply to unilateral NAMA

Periodic National Communications could serve as a MRV procedure

Int’l guideline and standardized formats are needed

IV. MRV of NAMA

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3. NAMA that receive support

Both recipient & provider should establish MRV procedures for NAMA that receive developed countries’ support

Mandatory MRV procedures based on certain criteria should apply not only to NAMA but also to types of support

IV. MRV of NAMA

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4. NAMAs that receive credits

MRV procedures for NAMA receiving carbon credits should be similar to the current CDM methodology

Principles of environment protection and additionality could also be applied

IV. MRV of NAMA

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1. Developing countries

Establish a mechanism to receive int’l recognition for domestic mitigation actions

Meaningful participation & contribution

Establish a mechanism to receive the necessary financial, technological, capacity-building support

V. Merits of NAMA Registry

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2. Developed countries

Promote int’l support and transparency in the reporting and verifying of mitigation actions

Promote effective and efficient int’l support

Clearing house on actions and supports

V. Merits of NAMA Registry

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Energy & Climate Change DivisionMinistry of foreign Affairs & Trade

• TEL : (02)2100-7794• email : climate@mofat.go.kr