During the true-up period review, the expert review teams (ERTs) will assess whether information submitted in true-up reports from Annex I Parties that are Parties to the Kyoto Protocol is: reported as mandated by the Conference of the Parties serving as the Meeting of the Parties to Kyoto Protocol (CMP); consistent with information contained in the compilation and accounting database (CAD) and the Party's registry; and free of problems or inconsistencies. The ERT will also assess whether the quantity of Kyoto Protocol units in the temporary certified emission reductions (tCER) and long-term certified emission reductions (lCER) replacement account equals the quantity of tCERs/lCERs in retirement and replacement accounts, and whether aggregate greenhouse gas (GHG) emissions in the first commitment period (CP1) exceed the quantity of Kyoto Protocol units valid for CP1 in the retirement account.
The UNFCCC Secretariat is coordinating a comprehensive compliance assessment, of which the true-up period review is one step, on CP1 of the Kyoto Protocol and will publish a final report for each Party which had a CP1 target. During the true-up period, Annex I Parties had 100 days to make up any shortfall in meeting their emission reduction targets in CP1. The true-up period, lasting from 10 August – 18 November 2015, was established by Decision 27/CMP.1, which provides that, for the purpose of fulfilling their Kyoto Protocol emission reduction targets, Annex I Parties can continue to acquire emission reduction units, CERs, assigned amount units (AAUs) and removal units, up to the 100th day after the date set for the completion of the Article 8 expert review process for the last year of the commitment period.
dates: 8-12 February 2016
location: Bonn, Nordrhein-Westfalen, Germany
contact: UNFCCC Secretariat