Joint Implementation

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The United Nations Framework Convention on Climate Change describes Joint implementation (JI) as "a mechanism under the Kyoto Protocol through which a developed country can receive 'emissions reduction units' (also known as carbon offsets) when it helps to finance projects that reduce net greenhouse gas emissions in another developed country (in practice, the recipient state is likely to be a country with an "economy in transition"). An Annex I Party must meet specific eligibility requirements to participate in joint implementation."[1]

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References

  1. United Nations Framework Convention on Climate Change, "Glossary of climate change acronyms", United Nations Framework Convention on Climate Change website, accessed September 2008.

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