Moldova

"Republic of Moldova may use bilateral, regional and international market mechanisms to achieve its conditional 2030 target, subject to employing robust systems that deliver real and verified emissions reductions. However, according to EU 2016 evaluation report on the implementation of the EU-RM Association Agreement the implementation of the EU emissions trading scheme in RM will only be possible when the date of RM's accession to the EU is determined. The unconditional NDC2 commitment will be met through domestic actions, although they would need assistance in cost-effective implementation. In order to prevent double counting of GHG emissions, an appropriate robust national MRV system was put in place in 2019 through the GD No. 1277 as of 26.12.2018."

Since 6 September 2022, Moldova has been a Joint Crediting Mechanism Partner Country with Japan. 132 This mechanism is a system to cooperate with developing countries to reduce GHG emissions, under which the amount of emission reduction is assessed as a contribution by both partner countries, and aims to facilitate diffusion of leading decarbonizing technologies and infrastructure through investment by Japanese entities, thereby contributing to GHG emission reductions or removals and sustainable development in partner countries. The Joint Crediting Mechanism will contribute to the achievement of both partner countries’ NDCs by evaluating Japan’s contributions in a quantitative manner and assigning Japan part of the credit.