68. NAMAs that are financed through the carbon market and their outcome in terms of emissions reductions shall be verified, together with the corresponding support as measured and reported by [national level] institutions accredited by the COP in accordance to the same multilaterally agreed guidelines.
69. Achievement of the intensity targets by major developing country Parties shall be reviewed by expert review teams.
70. Guidelines for measuring, reporting and verifying support shall be established and approved by the COP.
71. Developed country Parties shall measure, report on NAMAs and have support for NAMAs verified in accordance with international guidelines, including the following:
(a) Allocation and transfer of finance for means of implementation [granted [over and above ODA], in units of an agreed common currency;
(b) Technology transfer, including development, deployment, application and diffusion [in units established by the COP];
(c) The agreed full incremental costs of technology transferred to developing country Parties [in units of an agreed common currency];
(d) Support for capacity-building according to indicators [and in units] [established by the COP.]
72. Developed country Parties shall report on the measurement of support, including financial resources, transfer of technology and other actions, in their national communications submitted under Article 12.3 of the Convention. Information on actions taken to fulfil commitments on financial resources, transfer of technology and other actions under the Convention shall be updated and verified [annually] [regularly]. The measurement and reporting of support shall be based on new methodologies for assessing their adequacy, predictability and effectiveness.
73. The support shall be verified under the registry in terms of contributions by developed [and developing] country Parties taking into consideration their responsibilities and respective capacities.
Option 1 to paragraph 73
The support shall be verified using international guidelines, reported in the international registry under the Convention and updated annually.
Option 2 to paragraph 73
The support shall be verified within the existing in-depth review of national communications from Annex I country Parties.
Option 3 to paragraph 73
The provision of financial resources, transfer of technologies and other forms of support by developed [and developing] countries taking into consideration their respective capacities] shall be verified by the Verification Group of the finance and technology mechanism(s) of the Convention in terms of contributions by developed [and developing] country Parties within their respective capacities.
74. Financial resources provided by Annex I Parties shall be measured, reported and verified when provided to the Financial Mechanism. Technology transfer and capacity-building shall be measured, reported and verified during the course, and following completion, of the associated NAMA.
