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:
“Your letter of excuses has arrived. I receive the letter but do not admit the excuses except in courtesy, as when a man treads on your toes and begs your pardon—the pardon is granted, but the joint aches, especially if there is a corn upon it.”
—George Gordon Noel Byron (1788–1824)
“Going down for the last time, the last breath lying,
I grapple with eels like ropes—it’s ether, it’s queer
and then, at last, it’s done. Now the scavengers arrive,
the hard crawlers who come to clean up the ocean floor.”
—Anne Sexton (1928–1974)
“Dissonance between family and school, therefore, is not only inevitable in a changing society; it also helps to make children more malleable and responsive to a changing world. By the same token, one could say that absolute homogeneity between family and school would reflect a static, authoritarian society and discourage creative, adaptive development in children.”
—Sara Lawrence Lightfoot (20th century)
“Life is an offensive, directed against the repetitious mechanism of the Universe.”
—Alfred North Whitehead (1861–1947)