Completed, European Commission, DG Research, FP5
The Kyoto Protocol sets legally binding emission targets for GHGs, which apply to industrialised countries. To reach the targets, countries may a.o. use JI and CDM to acquiring emission rights through investment in projects abroad. The political process of designing JI and CDM will require continuous input from science and practice. A crucial issue is the calculation of GHG abatement achieved via JI or CDM. For this a baseline has to be determined of what the GHG emissions would have amounted to if the project and not taken place. The proposed project will develop operational procedures for JI and CDM, which ensure environmental effectiveness and economic efficiency. These procedures provide an indispensable input for the EU negotiating position at the international climate negotiations, and contributes towards capacity building in EIT and developing countries