[Cluster F: Measurement, reporting and verification1]
57. An international institutional framework shall be established for measuring, reporting and verifying GHG emission reductions and support provided by developed country Parties.
58. Guidelines for measurement, reporting and verification of actions by developing country Parties shall be established and approved by the COP.
Option to paragraph 58
Actions undertaken under paragraph 13(a) [tier II]2 shall be subject to appropriate reporting and accounting standards as determined by the Board of the Multilateral Fund on Climate Change and approved by the Conference of the Parties serving as the Assembly of the Parties.
59. NAMAs and support for them shall be [undertaken in a measurable, reportable and verifiable
manner] [measured, reported and verified].
Option to paragraph 59
Measurement, reporting and verification of NAMAs and their desired outcomes shall apply only to actions that have been enabled and supported by measurable, reportable and verifiable finance and technology by Annex I Parties through the proposed financial mechanism.
60. Measurement and reporting of NAMAs and their achieved outcomes [using reporting template (see annex II) adopted by the supreme body to this instrument]:
(a) Shall be applicable only to the mitigation actions that are enabled by technology and finance;
(b) Shall cover both national low-carbon/emissions [high-growth sustainable development] strategies and NAMAs undertaken in the context of those strategies;
(c) Shall cover for [major] developing countries: quantification of actions and quantified energy intensity targets, as well as mitigation policies and measures designed to implement them (especially in major sectors) [, based on the requirements which are the
same as for developed country Parties;
(d) Shall cover the content of PartiesÂ’ national schedules, including low-carbon/emissions [high-growth sustainable development] strategies, long-term national GHG emission limitation or reduction pathways, and NAMAs undertaken in the context of the strategies;
(e) Shall indicate how implementation of NAMAs affects GHG trajectories at a national and/or sectoral level or the national baseline.
