Table 4. Participation requirements... | Emerald Publishing

Table 4.

Participation requirements (readiness of host country) for Article 6 in MATS

Requirements	Description
Participating in the Paris agreement and maintenance of an NDC	Ensure that their current NDC is uploaded to the interim NDC registry
Choosing an ITMO metric	Specify the metric for ITMOs to be authorized and transferred, including units of tCO₂eq or other metrics if they are also used in their NDC
Describing and quantifying the NDC in tCO₂-eq metrics	Clarify the coverage of their NDC goals and quantification of various NDC elements such as the level of emissions in the base year in the unit of measurement of tCO₂eq
Defining the accounting approach in relation to single-year and multi-year targets	Host countries with a single year target can choose between a multi-year trajectory or an averaging approach to accounting for ITMO transfers during the NDC period
Establishing institutional arrangements for authorization, transfer and reporting	Develop a proposal for which institutions within and outside government will take responsibility for specific Article 6 functions
Providing the most recent national inventory report	Publish a national inventory report using the new Paris agreement reporting guidelines
Double counting prevention	Monitoring and reporting requirements
Choosing infrastructure for tracking ITMOs	Decide whether to use the anticipated international registry for Article 6 provided by the UNFCCC, a national registry for tracking ITMO authorizations and transfers and/or the registry system of an existing international or independent crediting program (i.e. to issue and cancel under that standard as the basis for ITMOs)

Requirements	Description
Participating in the Paris agreement and maintenance of an NDC	Ensure that their current NDC is uploaded to the interim NDC registry
Choosing an ITMO metric	Specify the metric for ITMOs to be authorized and transferred, including units of tCO₂eq or other metrics if they are also used in their NDC
Describing and quantifying the NDC in tCO₂-eq metrics	Clarify the coverage of their NDC goals and quantification of various NDC elements such as the level of emissions in the base year in the unit of measurement of tCO₂eq
Defining the accounting approach in relation to single-year and multi-year targets	Host countries with a single year target can choose between a multi-year trajectory or an averaging approach to accounting for ITMO transfers during the NDC period
Establishing institutional arrangements for authorization, transfer and reporting	Develop a proposal for which institutions within and outside government will take responsibility for specific Article 6 functions
Providing the most recent national inventory report	Publish a national inventory report using the new Paris agreement reporting guidelines
Double counting prevention	Monitoring and reporting requirements
Choosing infrastructure for tracking ITMOs	Decide whether to use the anticipated international registry for Article 6 provided by the UNFCCC, a national registry for tracking ITMO authorizations and transfers and/or the registry system of an existing international or independent crediting program (i.e. to issue and cancel under that standard as the basis for ITMOs)

Source(s): GGGI (2021)