The World Bank developed the Mitigation Action Assessment Protocol (MAAP) to measure, compare and benchmark the relative performance and risks of climate actions. MAAP has four modules that focus on project or program-level assessments, specifically in relation to mitigation action design, capacity of the management entity, financial sustainability of the mitigation activity, and development benefits.
More gold from the World Bank, with the World Bank looking at climate change, the impact of different approaches to carbon pricing and how to co-ordinate this.
In essence, the Mitigation Action Assessment Protocol (MAAP) is trying to establish best practice and use contextual knowledge to seek the best solutions for individual economies' carbon reduction policies.