The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Comply with the regulatory framework unique to emissions markets
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Identify the domestic and international regulatory framework within which emissions reduction schemes are placed Completed |
Evidence:
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Identify the key legislation, regulation and industry codes of practice relevant to operating within Australian emissions markets Completed |
Evidence:
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Comply with relevant legal and regulatory principles when operating in emissions markets Completed |
Evidence:
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Discuss regulatory risk for both voluntary and regulated emissions markets and determine possible impacts of pending regulatory or legislative change Completed |
Evidence:
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Evaluate the scope and impact of the emissions market
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Identify regulated and voluntary carbon markets and outline how they operate Completed |
Evidence:
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Distinguish the respective supply and demand drivers for voluntary and regulated markets Completed |
Evidence:
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Describe price drivers for emissions products Completed |
Evidence:
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Differentiate participants in carbon markets and the motivations for their participation Completed |
Evidence:
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Distinguish the functions of the primary and secondary emissions markets Completed |
Evidence:
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Discuss auction types and processes Completed |
Evidence:
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Describe the functions, requirements and rules for registries Completed |
Evidence:
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Identify the types of emissions products, their characteristics and liabilities
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Compare the different types of emissions products available of emissions instruments traded in the compliance and voluntary markets Completed |
Evidence:
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Identify the key features of compliance market products Completed |
Evidence:
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Describe the risks inherent within each product and their potential impact in a given context. Completed |
Evidence:
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Describe transactional processes for each product, including acquiring, transferring and surrendering Completed |
Evidence:
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Describe the tax treatment of emissions products, including deductibility of costs where relevant Completed |
Evidence:
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Apply knowledge of emissions products
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Determine relevant market information influencing the market Completed |
Evidence:
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Analyse relevant information when selecting products for an emissions markets transaction Completed |
Evidence:
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Devise strategies for using emissions market products Completed |
Evidence:
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Seek advice and guidance of specialist expertise where required Completed |
Evidence:
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Apply knowledge of financial market transactional processes when operating in emissions markets Completed |
Evidence:
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Complete relevant documentation and complete any additional organisational processes Completed |
Evidence:
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Maintain emissions market knowledge
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Relevant emissions trading markets sources are reviewed regularly and any changes are applied in daily work Completed |
Evidence:
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Maintain professional competence in market knowledge in accordance with codes of conduct and/or organisational requirements Completed |
Evidence:
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Processes for maintaining up-to-date knowledge about relevant aspects of emissions trading markets are implemented Completed |
Evidence:
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