The environmental integrity of international carbon market mechanisms and results-based finance (RBF) programs has gained a great deal of attention in the wake of the Paris Agreement. By the same token, discussions on how to safeguard the integrity of market mechanisms are of essential importance in the context of the Agreement on Carbon Offset and Reduction Scheme for International Aviation (CORSIA). Emissions trading registries are critical tools to ensure environmental integrity by avoiding “double counting”—the situation where a single GHG emission reduction (ER) or removal is used more than once to demonstrate compliance with mitigation targets. This report provides guidance for policy makers and other stakeholders on a number of issues relating to aspects of registries that will need to be in place before emissions trading is implemented. The report can also be downloaded direct from the World Bank website:
