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17 th Meeting of the PMR Assembly Tokyo, Japan October 24 - 27, 2017 P ARTNERSHIP FOR M ARKET R EADINESS U PDATE AND P ROGRESS R EPORT SINCE PA16 PMR Secretariat

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Page 1: PARTNERSHIP FOR MARKET READINESS U PROGRESS REPORT … · Technical Workshop on “Carbon Tax: Design and Implementation in Practice” Overview of the NDC Partnership Support Facility

17th Meeting of the PMR AssemblyTokyo, JapanOctober 24-27, 2017

PARTNERSHIP FOR MARKET READINESSUPDATE AND PROGRESS REPORT SINCE PA16

PMR Secretariat

Page 2: PARTNERSHIP FOR MARKET READINESS U PROGRESS REPORT … · Technical Workshop on “Carbon Tax: Design and Implementation in Practice” Overview of the NDC Partnership Support Facility

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PMR Week in India (PA16, March 2017): Recap

➢ Technical Workshop on “Carbon Tax: Design and Implementation in Practice”

➢ Overview of the NDC Partnership Support Facility

➢ 10th India Climate Policy and Business Conclave 2017

➢ Luncheon and preview of the “State and Trends of Carbon Pricing 2016” report and other bilateral meetings

➢ 16th Meeting of the PMR Assembly (PA16) – March 20-22, 2017

▪ The PA allocated US$8 million to India to implement its MRP

▪ The PA allocated an additional US$2 million each to Chile and China

▪ The PA endorsed the proposal to add up to six assistance-receiving Technical Partners

Page 3: PARTNERSHIP FOR MARKET READINESS U PROGRESS REPORT … · Technical Workshop on “Carbon Tax: Design and Implementation in Practice” Overview of the NDC Partnership Support Facility

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Country Programs: Update since PA16

Preparation Implementation Completion

Submitted Draft MRP (1):

• Sri Lanka

FinalizedImplementationArrangements (4):• India• Mexico• South Africa• VietnamSubmitted ISR (8):• Brazil• Indonesia• Kazakhstan• Mexico• Peru• South Africa• Thailand• Ukraine

Delivered all phase 1 MRP Activities (1):

• Chile – the first!

Page 4: PARTNERSHIP FOR MARKET READINESS U PROGRESS REPORT … · Technical Workshop on “Carbon Tax: Design and Implementation in Practice” Overview of the NDC Partnership Support Facility

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➢ New Technical Partners

▪ British Columbia, New Zealand, Cote d’Ivoire, Panama and the Philippines request to join the PMR as TPs

➢ Additional Funding

▪ Turkey and Kazakhstan request additional funding to support activities that complement their existing country programs

➢ MRP 3.0

▪ MRP tool has been updated and Sri Lanka was the first country to use it

Country Programs: Update since PA16 (continue)

Page 5: PARTNERSHIP FOR MARKET READINESS U PROGRESS REPORT … · Technical Workshop on “Carbon Tax: Design and Implementation in Practice” Overview of the NDC Partnership Support Facility

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Technical Notes and Reports: ▪ “Guide to Greenhouse Gas Benchmarking for Climate Policy Instruments” ▪ “State and Trends of Carbon Pricing 2017” report, co-financed by the PMR▪ “China Carbon Market Monitor Q2 2017”▪ Training guide for the private sector and related videos in partnership with

IETA (B-PMR)

Web-based: ▪ Webinar on Carbon Tax Guide▪ “Bite-size” learning module on ETS design

Workshops: ▪ Technical workshop on “New Perspectives on International Cooperation:

Carbon Markets and Climate Finance under the Paris Agreement” at Innovate4Climate in Barcelona (May 2017)

▪ ETS Workshop in Ukraine (April 2017)

PMR Technical Work Program: Update since PA16

Page 6: PARTNERSHIP FOR MARKET READINESS U PROGRESS REPORT … · Technical Workshop on “Carbon Tax: Design and Implementation in Practice” Overview of the NDC Partnership Support Facility

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Country-level Activities:

▪ Completion of policy analysis work in Chile

▪ Continued policy analysis activities in Colombia, Costa Rica,

Morocco, Turkey Vietnam and Thailand

Program-level Activities:

▪ Report on “Interactions between Carbon Pricing and Energy

Policies” finalized (publication expected Dec.17/Jan.18)

PMR Policy Analysis Work Program: Update since PA16

Page 7: PARTNERSHIP FOR MARKET READINESS U PROGRESS REPORT … · Technical Workshop on “Carbon Tax: Design and Implementation in Practice” Overview of the NDC Partnership Support Facility

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Monitoring and Evaluation: Update since PA16

Launched the 2nd independent evaluation

▪ Inception Report to be presented at PA17

Revised PMR Objectives and Logical Framework

Page 8: PARTNERSHIP FOR MARKET READINESS U PROGRESS REPORT … · Technical Workshop on “Carbon Tax: Design and Implementation in Practice” Overview of the NDC Partnership Support Facility

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➢ Revised Discussion Paper for PMR Phase II based on feedback received at PA16

Discussions on Strategic Orientation: Update since PA16

PMR Phase I PMR Phase II

2020

Page 9: PARTNERSHIP FOR MARKET READINESS U PROGRESS REPORT … · Technical Workshop on “Carbon Tax: Design and Implementation in Practice” Overview of the NDC Partnership Support Facility

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PMR Week in Tokyo (PA17): An Overview

➢ Technical Workshop: Role of Carbon Markets in Global Climate Action and Implications for Market Development Activities – October 24 (morning)

➢ Luncheon: WBG State and Trends of Carbon Pricing 2017 – October 24

➢ Welcome Reception: co-hosted by the Government of Japan and PMR Secretariat –October 24 (evening)

➢ 17th Meeting of the PMR Assembly – October 24 _ 26

➢ Public Event: Carbon Markets and the Paris Agreement – October 27 (morning)

➢ Side Event: Carbon Pricing in Japan and Regional Cooperation Prospects – October 27 (afternoon) at Hyatt Regency co-hosted by ASPI and CPLC

Page 10: PARTNERSHIP FOR MARKET READINESS U PROGRESS REPORT … · Technical Workshop on “Carbon Tax: Design and Implementation in Practice” Overview of the NDC Partnership Support Facility

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FOR MORE INFORMATION ON

THE PARTNERSHIP FOR MARKET READINESS (PMR), PLEASE CONTACT:

PMR SECRETARIAT

[email protected]

WWW.THEPMR.ORG