Refinement of the Agricultural Sector”s Greenhouse Gas Emission Inventory and Carbon Certificate Operation Mechanism

Type : Research Projects
Name : Refinement of the Agricultural Sector''s Greenhouse Gas Emission Inventory and Carbon Certificate Operation Mechanism
ID : PR2827
Author : Liou, Je-Liang
Publication Date : 2024.12

To realize the ambition of net-zero emissions, it is imperative to cultivate a profound understanding of domestic and international inventory data while seamlessly integrating Taiwan’s operational measures across various stages. Thus, this study centers on three pivotal objectives: harmonizing the effectiveness of 59 measures, scrutinizing greenhouse gas emission documentation from agriculture and forestry in tropical and subtropical nations, and examining the evolving trends in global carbon-related certification mechanisms. In the first objective, the study employs the “work chain” framework to interlink inventory emission sources with the positioning Induction of the 59 measures, categorizing them into two distinct outcome types: foundational work and results-driven initiatives. It further emphasizes that certain focal points could be seamlessly integrated into Chapter 6 of Taiwan’s National Greenhouse Gas Inventory, thereby enhancing its depth and comprehensiveness. For the second objective, the analysis reveals that while most countries adhere to the 2006 IPCC Guidelines, the integration of agriculture and LULUCF into the AFOLU sector diverges based on national contexts. The experiences of Singapore and Malaysia offer valuable, albeit partial, insights. Moreover, nonAnnex I parties provide simplified carbon credit disclosures within their national emission reports to enhance transparency. Regarding the third objective, the exploration of carbon trading mechanisms under Article 6 of the Paris Agreement underscores the carbon market’s potential to deliver transitional solutions and innovative opportunities. Preliminary findings from Article 6.4 resolutions suggest that Taiwan may have avenues for participation. Concurrently, the refinement of voluntary carbon market standards is fostering enhanced transparency and institutional support. Additionally, Taiwan’s Environmental Protection Administration plans to launch a carbon fee system in 2025, which could significantly affect the agricultural sector, underscoring the urgency of devising preemptive strategies.