Glossary

Displaying 1 - 3 of 3 Terms
  1. JI Reserve

    A set-aside established in the National Allocation Plan for the period 2008 to 2012 of each Member State hosting or intending to host activities under the project based mechanisms of the Kyoto Protocol that could cause double-counting. The reserve refers to planned project activities and associated reductions or limitations of emissions that take place in installations under EU ETS and for which ERUs or CERs should be issued by the Member State. Also known as set-aside.

  2. Joint Implementation (JI)

    JI is a Kyoto Protocol mechanism which allows developed countries, particularly those in transition to a market economy, to host carbon-reducing projects funded by another developed country. The arrangement sees the credits generated, called ERUs, go to the investor country while the emission allowances (AAUs) of the host country are reduced by the same anount.

  3. Joint Implementation Supervisory Committee (JISC)

    The JISC supervises the verification of ERUs generated by JI projects following the verification procedure under the JISC.

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