II. Non-market-based approaches
Opportunities for rapid, near-term climate mitigation
Use of technological means
62. Bearing in mind the concept of common but differentiated responsibilities, Parties shall strive to use technological means to mitigate the effects of climate change. The IPCC shall be the reference body for technical aspects of selecting and utilizing such mitigation methods. To help Parties implement technological means, they should make use of the Expert Group on Technology Transfer already existing under the Convention.
Support for implementation in developing country Parties
63. A mechanism to support developing country Parties in implementing national cap and trade systems and carbon taxes is hereby established.
64. The [supreme body] shall define modalities and procedures for the recognition of units and reductions created under this mechanism at its [X] session.
Supported actions to promote mitigation in developing country Parties
65. Parties recall that the Bali Action Plan mandates consideration of various approaches, including but not limited to market mechanisms.
66. Support is required to enhance the extent of NAMAs by developing country Parties.
67. Support is required for national coordinating bodies which will enhance existing capacity in
developing country Parties. These bodies will, inter alia, identify NAMAs and estimate the resources
required.
68. Developing country Parties shall register indicative NAMAs for which they seek international support. The register shall initially contain a list of indicative mitigation actions proposed and support needed to implement the NAMA.
69. The support provided shall be measured by developed country Parties and shall:
(a) Indicate the allocation and transfer of finance for means of implementation granted over and above Official Development Assistance in units of an agreed common currency;
(b) Measure the technology transfer, including development, application and diffusion, in units established according to indicators being developed under the Subsidiary Body for Implementation (SBI) and the Subsidiary Body for Scientific and Technological Advice, and the agreed full incremental costs for technology transferred to developing country Parties shall be reported in units of an agreed common currency;
(c) Measure the support for capacity-building according to indicators developed by the SBI and in units to be established in the review of the capacity-building framework.
70. Mitigation actions receiving support shall be reported in the registry. Reporting on the status of implementation to the registry shall be annual with an update based on measured outcomes every two years, alternating with reporting on greenhouse gas inventories.
71. Developed country Parties shall report on the measurement of support in their national communications under Article 12, paragraph 3, of the Convention, and support shall be updated in the registry on an annual basis.
72. NAMAs supported with public funding from developed country Parties shall be verified together with the support as measured and reported, through modalities and procedures to be established under the Convention and according to multilaterally agreed guidelines.
73. For supported actions, developed country Parties including those in Annex II shall provide new and additional financial resources to meet the agreed full costs of verification undertaken by developing country Parties.
74. The [supreme body] shall verify the measurable, reportable and verifiable progress of developed country Parties toward their commitments to support developing country Parties, on the basis of their annual report in their national communications. Such verification shall include the direct financial transfers and indirect contributions through quantifiable technology and capacity-building support provided. Modalities and procedures for this verification shall be adopted at its next session.
75. On an annual basis, the register shall be updated to reflect the status of implementation of action and its support.
