The objective of the study

Article 6 of the Kyoto Protocol enables Annex 1 Parties to agree to jointly undertake emissions saving or sink enhancing activities, with credits arising from cross border investments transferred between them. Joint Implementation (JI) is effectively an alternative project-based mechanism for trading emissions between countries with a cap. Instead of directly purchasing emission rights, i.e.

In this project

This report presents an assessment of progress of European countries towards achieving the objectives of the UN Framework Convention on Climate Change (UNFCCC) and their emission targets under the Kyoto Protocol.

The Clean Development Mechanism (CDM) under the Kyoto Protocol to United Nations Framework Convention on Climate Change (UNFCCC) provides an opportunity for the Indian power sector to earn revenue through the reduction of greenhouse gas emissions (GHG),

The Bali Action Plan (BAP) envisages enhanced

The scale of investment needed to slow greenhouse gas emissions is larger than governments can manage through transfers. Therefore, climate change policies rely heavily on markets and private capital. This is especially true in the case of the Kyoto Protocol with its provisions for trade and investment in joint projects.