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Joint Implementation

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Synonyms: JI

A market-based implementation mechanism defined in Article 6 of the Kyoto Protocol, allowing Annex I countries or companies from these countries to implement projects jointly that limit or reduce emissions or enhance sinks, and to share the Emissions Reduction Units. JI activity is also permitted in Article 4.2(a) of the United Nations Framework Convention on Climate Change (UNFCCC). See also Kyoto Mechanisms; Activities Implemented Jointly.(IPCC)

Related terms:
baseline, carbon offset, carbon credits, carbon units, Clean Development Mechanism, carbon credit trading, carbon finance, Kyoto mechanisms

Broader terms:
mitigation finance

Narrower terms:
Emission Reduction Units

Linked data frontend for Joint Implementation.