ADVISORY BOARD WORKPLAN 2019-2020

v1.0 - 2019

GLOBAL CARBON COUNCIL

ADVISORY BOARD WORK PLAN 2019-2020

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ADVISORY BOARD WORK PLAN 2019-2020

GLOBAL CARBON COUNCIL

1. Introduction

1. Global Carbon Council (GCC), MENA region’s first and only voluntary carbon offsetting

program, is an initiative that aims to contribute to a vision of sustainable and low carbon

economy and helps to catalyse climate actions on the ground. Entire governance

structure, system and the documentation framework to achieve this objective is

collectively called as GCC Program.

2. Global Carbon Council (GCC) is a voluntary GHG program and offsetting platform, for

providing opportunity to global stakeholders, including to Industry in the Middle East, to

catalyse climate actions. GCC based in Qatar, can also be Qatar’s response to Article

6.2 (following cooperative approaches) of the Paris Climate Change Agreement to

establish domestic market mechanism to facilitate low cost carbon development and its

objective is to provide price signal to the market to catalyze, enhance and leverage

climate change mitigation finance for Qatar and Middle-east countries.

3. This voluntary carbon offsetting program GCC has been designed based on international

best practices, such as: assurance of transparency through stakeholder involvement,

development of institutional structure for standards (baseline & monitoring

methodologies) development, development of robust project cycle including transparent

and simplified project registration and carbon credit issuance procedures, international

carbon registry, effective accreditation of projects and emission reduction verifiers,

provisions to evaluate sustainable development of projects, and platform for results-

based finance of projects.

4. GCC has developed succinct and simple procedures, simple but environmentally integral

methodologies, avoided political decision-making processes and conflict of interests in

evaluation of methodologies and projects. Especially GCC has simplified the

requirements on ‘additionality’, eliminated double accounting potential and reduced

excessive scrutiny leading to high transaction costs for projects.

5. This Work Plan details the activities that Advisory Board will conduct in 2019 and 2020.

2. GCC Advisory Board

6. GCC’s Advisory Board is initially appointed on provisional basis by GCC Program

Secretariat with a primary objective that it provides strategic direction for GCC Program

7. The Advisory Board is responsible for the following.

(a) Provide strategic direction to vision, work program and ambition of GCC, as well

as its governance structure, modalities and procedures.

(b) Support strategic decisions such as expansion of GCC to various sectors and

geographic areas; and, strategic outreach activities.

ADVISORY BOARD WORK PLAN 2019-2020

GLOBAL CARBON COUNCIL

(c) Get update from GCC on new baseline and monitoring methodologies of GCC for

calculation of emission reductions, and provide strategic advice where required;

(d) Overview the functions and outcome of steering committee, who shall be responsible for review and approval of baseline and monitoring methodologies, projects and other technical documents.

(e) Overview the GCC accreditation of verifiers and functions of independent GCC-

approved verifiers who shall conduct: (i) on-site review of GHG reduction projects;

(ii) off-site review of its project submission document to GCC; (iii) review of

monitoring reports claiming emission reductions; (iv) review of emission reduction

evidences, instrumentation and monitoring systems on ground; (v) develop and

submit project and emission reduction verification report to GCC.

(f) Oversee the appropriateness of processes implemented by GCC in approval of

methodologies and projects as well as in issuance of carbon credits.

(g) Oversee the public availability of relevant GCC documents including repository of

approved rules, procedures, methodologies and standards.

3. Tentative Calendar and Work Programme of Meetings

8. There are minimum three, one or two-day physical meetings envisaged in a year. Following tentative schedule for meetings is envisaged, subject to agreement of all Advisory Board members. Each Advisory Board meeting will be preceded with circulation of agenda and its approval and followed by its report that makes the Advisory Board decisions available to the public.

9.

Meeting #

Month/Year Meeting duration

Expected work programme

1 July/ August 2019

2 days • Discussion on the role and responsibility of Advisory Board.

• Formal confirmation of appointment of Advisory Board members for 2-year term.

• Approval of design of GCC and review of governance and documentation structure

• Participation in key domestic and international carbon supply markets e.g. CORSIA

• Approval of GCC strategic documents.

• Review the work on methodology development, project development, carbon registry development.

• Vision for GCC’s role in achieving carbon neutrality of the organisations in the region.

• Potential linkages of GCC with broader regional and global market in view of implementation of article 6 of Paris Agreement.

• Role of GCC as a sound climate finance instrument.

2 October 2019

1 Day • Any change in operational practices or strategic direction

ADVISORY BOARD WORK PLAN 2019-2020

GLOBAL CARBON COUNCIL

• Review the work on methodology development, project development, carbon registry development.

• Review of strategic documents, if any.

3 February 2020

1 Day • Any change in operational practices or strategic direction

• Review the work on methodology development, project development, carbon registry development.

• Review of strategic documents, if any.

ADVISORY BOARD WORK PLAN 2019-2020

GLOBAL CARBON COUNCIL

Version Date Comment

V 1.0 26/06/2019 ▪ Initial version released for approval by GCC Advisory Board.

▪ This version contains strategic details on latest developments world-wide (e.g., CORSIA EUC).

DOCUMENT HISTORY

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