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Market Instruments for Mitigation Action. National Development plan. Low carbon study/NAMAs. Choice of Market Mechanism. Allowance - based. Offsets-based. Emissions Management. Project-based Program-based NAMA credits. Sectoral crediting Sectoral cap Economy-wide cap. Green Certs.
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Market Instruments for Mitigation Action National Development plan Low carbon study/NAMAs Choice of Market Mechanism Allowance - based Offsets-based Emissions Management • Project-based • Program-based • NAMA credits • Sectoral crediting • Sectoral cap • Economy-wide cap Green Certs White Certs Potential Market linkages Potential Market linkages Potential linkages to allowance and offset systems Voluntary Compliance Voluntary Compliance Green certificates result from programs to promote renewable energy while White Certificates result from energy efficiency programs Ital indicates proposed mechanism