Joint Implementation

E449678

Joint Implementation is a Kyoto Protocol flexibility mechanism that allows industrialized countries to earn emission reduction units by investing in greenhouse gas–cutting projects in other developed countries.

All labels observed (1)

Label Occurrences
Joint Implementation canonical 2

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf Kyoto Protocol flexibility mechanism
carbon market mechanism
project-based mechanism
aimsTo enhance flexibility in meeting emission reduction targets
promote sustainable development in host countries
allows Annex I Parties to earn emission reduction units NERFINISHED
conversion of ERUs from Assigned Amount Units
conversion of ERUs from Removal Units
appliesTo Annex I Parties NERFINISHED
industrialized countries
basedOn project-based emission reductions
contributesTo cost-effective global climate change mitigation
defines Track 1 as host Party with eligible national system and registry
Track 2 as projects supervised by the Joint Implementation Supervisory Committee
differsFrom Clean Development Mechanism by operating only among Annex I Parties
enables transfer of emission reduction units between Annex I Parties
governedBy Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol NERFINISHED
Joint Implementation Supervisory Committee NERFINISHED
hasAbbreviation ERU NERFINISHED
JI NERFINISHED
hasComponent Track 1
Track 2
hasLegalBasisIn Article 6 of the Kyoto Protocol NERFINISHED
hasOutcome generation of tradable emission reduction units
hasPurpose to facilitate compliance with Kyoto Protocol commitments
to reduce greenhouse gas emissions cost-effectively
isSimilarTo Clean Development Mechanism NERFINISHED
linkedTo EU Emissions Trading System NERFINISHED
monitoredBy UNFCCC Secretariat NERFINISHED
partOf Kyoto Protocol NERFINISHED
relatedTo flexible mechanisms under the Kyoto Protocol
international carbon markets
requires additionality of emission reductions
bilateral or multilateral project agreements
host Party approval
investor Party approval
measurement of emission reductions against a baseline
that projects would not occur without JI incentives
verification of emission reductions by an independent entity
startedOperationPeriod Kyoto first commitment period 2008–2012 NERFINISHED
statusAfter2020 largely superseded by mechanisms under the Paris Agreement
subjectTo Kyoto Protocol accounting rules
supports energy efficiency projects
fuel switching projects
methane capture projects
renewable energy projects
technology transfer among industrialized countries
usesUnit Emission Reduction Unit

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Kyoto Protocol establishesMechanism Joint Implementation
Marrakesh Accords regulates Joint Implementation