Apply knowledge of emissions markets

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver FNSFMK512, 'Apply knowledge of emissions markets'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Apply knowledge of emissions markets' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)


Elements and Performance Criteria

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Comply with regulatory framework unique to emissions markets

1.1 Identify domestic and international regulatory framework within which emissions reduction schemes are placed

1.2 Identify key legislation, regulation and industry codes of practice relevant to operating within Australian emissions markets

1.3 Comply with relevant legal and regulatory principles when operating in emissions markets

1.4 Discuss regulatory risk for both voluntary and regulated emissions markets, and determine possible impacts of pending regulatory or legislative change

2. Evaluate scope and impact of emissions markets

2.1 Identify regulated and voluntary carbon markets and outline how they operate

2.2 Distinguish respective supply and demand drivers for voluntary and regulated markets

2.3 Describe price drivers for emissions products

2.4 Differentiate participants in carbon markets and motivations for their participation

2.5 Distinguish functions of primary and secondary emissions markets

2.6 Discuss auction types and processes

2.7 Describe functions, requirements and rules for registries

3. Identify types of emissions products, their characteristics and liabilities

3.1 Compare different types of emissions products and instruments traded in compliance and voluntary markets

3.2 Identify key features of compliance market products

3.3 Describe risks inherent within each product and their potential impact in given context

3.4 Describe transactional processes for each product, including acquiring, transferring and surrendering

3.5 Describe tax treatment of emissions products, including deductibility of costs where relevant

4. Apply knowledge of emissions products

4.1 Determine relevant information influencing the market

4.2 Analyse relevant information when selecting products for emissions markets transaction

4.3 Devise strategies for using emissions market products

4.4 Seek advice, guidance and specialist expertise when required

4.5 Apply knowledge of financial market transactional processes when operating in emissions markets

4.6 Complete relevant documentation and complete any additional organisational processes

5. Maintain emissions market knowledge

5.1 Review relevant emissions trading markets sources regularly and apply any changes in daily work

5.2 Maintain professional competence in market knowledge in accordance with codes of conduct and/or organisational requirements

5.3 Implement processes for maintaining up-to-date knowledge of relevant aspects of emissions trading markets