Project-based mechanisms : Baselines, additionality and monitoring
Jane Ellis
Abstract
Jane Ellis
Abstract
The Kyoto Protocol includes two project-based mechanisms: Joint Implementation (JI) and the Clean Development Mechanism (CDM). JI and CDM projects generate emissions credits,1 and allow countries to offset domestic emissions with increases in carbon sequestration or emission mitigation activities undertaken in another country. These mechanisms provide flexibility as to where greenhouse gas (GHG) mitigation activities can be undertaken, and which GHGs can be reduced.
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The Kyoto Protocol includes two project-based mechanisms: Joint Implementation (JI) and the Clean Development Mechanism (CDM). JI and CDM projects generate emissions credits,1 and allow countries to offset domestic emissions with increases in carbon sequestration or emission mitigation activities undertaken in another country. These mechanisms provide flexibility as to where greenhouse gas (GHG) mitigation activities can be undertaken, and which GHGs can be reduced.
Key concepts: Clean Development Mechanism, Additionality, Kyoto Protocol, Joint Implementation, Greenhouse gas, Carbon offset, Flexibility (engineering), Climate change mitigation