Glossary

J

  • Joint Implementation (JI) mechanism
    Under the Kyoto Protocol, the Joint Implementation mechanism allows investment from an Annex I country (industrialised nation) in another Annex I country, in emission reduction or carbon sequestration projects. The host country is deducted the project's Emission Reduction Units (ERUs), which are acquired by the investing country. The investing country benefits by acquiring ERUs at a lower price than the same reduction of emissions would have cost it at national level. In this way, it uses the units obtained through the project to fulfil its Kyoto commitments. Potential receiving countries, under the scope of such projects, are countries in transition to a market economy due to their emission scenarios and their economic structure, thereby making investment in these countries both attractive and efficient. Countries that will benefit from investment in clean technologies.
    Spanish: Mecanismo de aplicación conjunta (AC)
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