Nationally appropriate mitigation actions (NAMAs) are likely to generate greenhouse gas emission credits after 2013. To guarantee credibility of the international climate policy regime, this paper argues that robust measurement, reporting and verification procedures are required. The authors use two examples – a renewable energy feed-in tariff in Korea and an energy efficiency programme in Thailand – to assess the potential of such policies to be taken up as crediting NAMAs and analyse the potential challenges with respect to monitoring, reporting and verification (MRV). In the Korean case, where the government has set a 5% target for the penetration of new and renewable energy of its primary energy supply in 2011, the authors conclude that the scheme seems to be highly suitable for NAMA crediting because:
the baseline emissions factor can be calculated
the overall production level of renewable energy after introduction of the scheme can be monitored
the programme can be assessed using both an investment and a barrier test
In the case of Thailand’s energy efficiency programme, the authors conclude that it is relatively challenging as a credited NAMA, as a large volume of required data cannot be obtained easily. The paper highlights potential challenges for design of a new NAMA mechanism.