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:
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My sudden rage to tear thee joint by joint.
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Of Matrimonial treason: so farewel.”
—John Milton (1608–1674)
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Botched, it smears the hands, crumbles to dust.
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and a person for work that is real.”
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—Ellen Galinsky (20th century)
“The two elements the traveler first captures in the big city are extrahuman architecture and furious rhythm. Geometry and anguish. At first glance, the rhythm may be confused with gaiety, but when you look more closely at the mechanism of social life and the painful slavery of both men and machines, you see that it is nothing but a kind of typical, empty anguish that makes even crime and gangs forgivable means of escape.”
—Federico García Lorca (1898–1936)