COP29 Side Event

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Effective Ways to Boost Mitigation Ambition in NDC
- Fluorocarbons Life Cycle Management in Cooling Sector -

Wed. 13 November 2024, 14:00-15:15 (AZT)

Short-lived climate pollutants (SLCP) are potent climate forcers. Accelerating reduction of SLCP emissions, such as HFCs is a way to materialize immediate effect of mitigation. The international society becomes aware of the importance of non-CO2 reduction through 1st Global Stocktake at COP28.

On the other hand, many developing countries have not yet sufficiently included HFC reductions in their NDC. Lifecycle refrigerant management, i.e., recovery, recycling, reclamation, and destruction of refrigerants, has not been implemented, while cooling demand is rapidly growing, and thus such lifecycle management should have significant mitigation potential.

Japan, with the Asian Development Bank (ADB), the Climate and Clean Air Coalition (ADB) and other partners, launched the Initiative on Fluorocarbons Life Cyle Management (IFL) at COP25 in Madrid, Spain, to support mitigation efforts of HFCs, etc. Based on the experiences in Japan, there are some progresses such as developing legislation and institutional framework, inventory, as well as introduction of infrastructure using the Joint Crediting Mechanism (JCM).

At this seminar, the experts from developing countries and international agencies will share such experiences and will discuss how to maximize opportunity to raise mitigation ambition in NDC. Also, the Seminar includes technical and practical aspects of MRV methodologies that will ensure high integrity of GHG accounting in the Enhanced Transparency Framework (ETF) and carbon market mechanism.