Framework under the World Bank’s ITR and number of Korean ODA projects using ITR indicators as a performance indicator
| Area name | Key indicator name | Party readiness | Article 6 implementation | Korean ODA projects using ITR indicators as a performance indicator (unit: project) |
|---|---|---|---|---|
| Transparency | GHG mitigation strategy | O | 7 | |
| Policy instruments and activities generating mitigation | O | 1 | ||
| Reporting within the national inventory | O | – | ||
| Information needed to track progress toward NDCs related to mitigation | O | 13 | ||
| Information related to participation in cooperative approaches | O | – | ||
| Reporting | O | – | ||
| Double counting prevention | Monitoring and reporting requirements | O | – | |
| Implementation of a registry for tracking of internationally transferable units | O | – | ||
| Documented procedures for double counting prevention | O | – | ||
| Corresponding adjustment provisions | O | – | ||
| Alignment of mitigation activities with NDCs scope | Mitigation activities alignment with issuing party’s NDC | O | – | |
| Governance structure for development, planning, accounting of NDCs and mitigation activities | O | – | ||
| Definition of NDC targets and mitigation activities | O | – | ||
| Planning of NDCs and mitigation activities | O | – | ||
| Environmental integrity | Ambition of NDC target | O | – | |
| Accounting of NDC | O | – | ||
| Quantification of internationally transferable units | O | – | ||
| Quality of units to be transferred | O | – | ||
| Nature and scope of internationally transferable units for robust accounting | O | – | ||
| Registry for tracking of internationally transferable units | O | – |
| Area | Key indicator name | Party readiness | Article 6 implementation | Korean ODA projects using ITR indicators as a performance indicator |
|---|---|---|---|---|
| Transparency | GHG mitigation strategy | O | 7 | |
| Policy instruments and activities generating mitigation | O | 1 | ||
| Reporting within the national inventory | O | – | ||
| Information needed to track progress toward NDCs related to mitigation | O | 13 | ||
| Information related to participation in cooperative approaches | O | – | ||
| Reporting | O | – | ||
| Double counting prevention | Monitoring and reporting requirements | O | – | |
| Implementation of a registry for tracking of internationally transferable units | O | – | ||
| Documented procedures for double counting prevention | O | – | ||
| Corresponding adjustment provisions | O | – | ||
| Alignment of mitigation activities with NDCs scope | Mitigation activities alignment with issuing party’s NDC | O | – | |
| Governance structure for development, planning, accounting of NDCs and mitigation activities | O | – | ||
| Definition of NDC targets and mitigation activities | O | – | ||
| Planning of NDCs and mitigation activities | O | – | ||
| Environmental integrity | Ambition of NDC target | O | – | |
| Accounting of NDC | O | – | ||
| Quantification of internationally transferable units | O | – | ||
| Quality of units to be transferred | O | – | ||
| Nature and scope of internationally transferable | O | – | ||
| Registry for tracking of internationally transferable units | O | – |
Source(s): Created by the authors based on data from WB (2021b)
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