In efforts to enhance accountability for Nationally Determined Contributions (NDCs), an exemplary Monitoring, Reporting, and Verification (MRV) system is crucial for the cooling sector. Designed to meet the Enhanced Transparency Framework (ETF) requirements, this system aids in tracking progress and achieving mitigation measures specified in NDCs.
The module outlines an MRV system targeting the reduction of greenhouse gas emissions from grid electricity by promoting solar PV panels to power cooling systems. Besides reducing emissions, managing peak loads is a key co-benefit of this intervention. Setting up a robust MRV system for solar PV cooling interventions is essential to monitor effectiveness, ensuring alignment with national targets under the Paris Agreement.
A precise MRV system enhances transparency and accountability, bolstering the reliability of reported data in line with ETF standards.
