Participants at the 21st Annual Session Working Party on Party on Regulatory Cooperation and Standardization Policies of the UN Economic Commission for Europe (UNECE) heard a presentation by a representative of the UNFCCC Secretariat on tools to measure and certify sustainable development-related projects in developing countries.
9 December 2011: The 21st session of the Working Party on Regulatory Cooperation and Standardization Policies of the UN Economic Commission for Europe (UNECE) included a session on “Standards and regulations: tool for promoting sustainable development.”
During the session, which took place from 31 October-2 November 2011, in Geneva, Switzerland, major international standardization bodies provided an overview of how international standards can be used at both business and policy levels to achieve sustainable development goals. Among others, a representative of the Secretariat of the UN Framework Convention on Climate Change (UNFCCC) presented tools to measure and certify sustainable development-related projects in developing countries, allowing the earning of tradable credits counting towards the reduction of emissions.
According to the UNECE newsletter “Weekly” for the period 5-9 December 2011, the Working Party approved two risk management recommendations: “Risk Management in Regulatory Frameworks” and “Crisis Management within a regulatory framework.” The recommendations aim to guide regulatory bodies and other stakeholders in: consistently implementing risk management into a regulatory framework; increasing the resilience of regulatory systems; and providing the optimal level of safety to society. [UNECE Weekly][Meeting Website]