FLUXES, The European Greenhouse Gas Bulletin: MRV - a critical tool for tracking emissions and accelerating climate action

We need to drastically reduce our greenhouse gas emissions to avoid the worst impacts of climate change. The latest issue of FLUXES, The European Greenhouse Gas Bulletin by ICOS, sheds light on an essential tool to help decision-makers assess progress towards a net zero world: science-based Monitoring, Reporting and Verification (MRV) systems.

FLUXES Editorial

By Werner Kutsch

Successes and challenges when using MRV

By Maria Luhtaniemi
Key messages
Two EU-funded projects, MRV4SOC and CoCO2, aim to create a solid scientific base for MRV.

MRV4SOC focuses on creating a monitoring system for soil organic carbon. The results will help establish an MRV system for the EU's land use sector.

The CO2MVS, created within the CoCO2 project, monitors human-induced greenhouse gas emissions through ground-based and satellite measurements and computer modelling.

The truth is in the atmosphere

By Maria Luhtaniemi
Key messages
ICOS produces high-quality greenhouse gas data from the atmosphere, ecosystems and oceans from close to 180 measurement stations across Europe.

High-quality observational data can reduce uncertainties in greenhouse gas inventories and increase understanding of natural fluxes.

ICOS' data and expertise are also used to understand the impacts of carbon farming. This information is key in incentivising landowners to engage in more sustainable practices.

The Greenhouse Gas Inventories - calculating country-level emissions

By Charlotta Henry

The Global Greenhouse Gas Watch: Transforming climate change mitigation accountability

By Charlotta Henry
Key messages
The Global Greenhouse Gas Watch is a complex observational network covering almost all Earth domains: land, ocean and atmosphere.

The aim is to provide surface-based and space-based observations on greenhouse gases across the globe.

The system will compile monthly data on greenhouse gas emissions at a 100 km x 100 km grid on a global scale.
It requires a large-scale collaboration between international organisations, government agencies, research institutions, private sector and a variety of initiatives.

A first mock-up of the system will be ready in 2027 and the G3W will be up and running in 2028.

Assessing the progress, ambitions and challenges of the Global Stocktake

By Charlotta Henry
Key messages
The Global Stocktake shows whether the world is collectively making enough progress towards the goals of the Paris Agreement including the temperature goal, increasing resilience, adaptation, aligning financial flows and providing climate finance.

The world needs to transition away from fossil fuels, triple renewable energy and double energy efficiency.

To keep the 1.5°C temperature goal in reach, an emission reduction of 43% is needed by 2030. The world is on track for just a 2% decrease with its current climate targets.

The upcoming COP meetings in Azerbaijan and Brazil will delve into collective, quantified goals on finance, and updating the Nationally Determined Contributions (NDCs).

The success of the first Global Stocktake will be determined in 2025 once the updated NDCs are tabled.

MRV: A critical tool for tracking climate action progress

By Peter Taggart
Key messages
MRV systems are science- and procedure-based, and help countries, cities, organisations and companies monitor, report and verify their individual and collective actions to reduce greenhouse gas emissions.

MRV systems are designed to complement and support existing reporting procedures, such as the UNFCCC inventories.

Everyone benefits from MRV systems because they operate on a local, national and global scale.

MRV systems require long-term investment – financial, technical and personnel – to function.

Tracking methane emissions: Making the invisible visible

By Kira Taylor
Key messages
The Global Stocktake shows whether the world is collectively making enough progress towards the goals of the Paris Agreement including the temperature goal, increasing resilience, adaptation, aligning financial flows and providing climate finance.

The world needs to transition away from fossil fuels, triple renewable energy and double energy efficiency.

To keep the 1.5°C temperature goal in reach, an emission reduction of 43% is needed by 2030. The world is on track for just a 2% decrease with its current climate targets.

The upcoming COP meetings in Azerbaijan and Brazil will delve into collective, quantified goals on finance, and updating the Nationally Determined Contributions (NDCs).

The success of the first Global Stocktake will be determined in 2025 once the updated NDCs are tabled.