Joint Implementation and Clean Development Mechanism
Clean Development Mechanism (CDM), is recognised through the Kyoto Protocol, allowing the offset of emissions in developed countries by the investment in emission reduction projects in developing countries like China, India or Latin America.
Joint Implementation (JI), is another mechanism, allowing investments in developed countries to generate emission credit for the same or another developed country.
Read more about this topic: Carbon Finance
Famous quotes containing the words joint, clean, development and/or mechanism:
“What’s a joint of mutton or two in a whole Lent?”
—William Shakespeare (1564–1616)
“There is a rhythm to the ending of a marriage just like the rhythm of a courtship—only backward. You try to start again but get into blaming over and over. Finally you are both worn out, exhausted, hopeless. Then lawyers are called in to pick clean the corpses. The death has occurred much earlier.”
—Erica Jong (b. 1942)
“Sleep hath its own world,
And a wide realm of wild reality.
And dreams in their development have breath,
And tears, and tortures, and the touch of joy.”
—George Gordon Noel Byron (1788–1824)
“The law isn’t justice. It’s a very imperfect mechanism. If you press exactly the right buttons and are also lucky, justice may show up in the answer. A mechanism is all the law was ever intended to be.”
—Raymond Chandler (1888–1959)