Carbon Market Watch Recommendations for JI Reforms COP19
Summary
Carbon Market Watch argues that the Joint Implementation (JI) mechanism has a poor track record, noting that countries with large AAU surpluses have issued millions of credits without integrity or climate benefits. Following the decision in Doha to merge the two JI tracks and establish guiding principles for additionality, the organization proposes four specific reforms: halting the issuance of Emission Reduction Units (ERUs) during the interim period, requiring a review procedure at the registration stage, strengthening criteria for baseline setting and additionality, and implementing procedures to renew crediting periods.
Key insights
- The Joint Implementation (JI) mechanism has demonstrated a lack of integrity and climate benefits, specifically where countries with large AAU surpluses have issued hundreds of millions of credits.
- Following decisions made in Doha to merge JI tracks and establish guiding principles for additionality, Carbon Market Watch recommends four specific reforms: stopping ERU issuance during the interim period, introducing a review procedure at registration, strengthening baseline and additionality criteria, and creating procedures for renewing crediting periods.
Cite the original document
- APA
- Carbon Market Watch (2013). Carbon Market Watch Recommendations for JI Reforms COP19. https://carbonmarketwatch.org/publications/carbon-market-watch-recommendations-ji-reforms-cop19/
- Chicago
- Carbon Market Watch. Carbon Market Watch Recommendations for JI Reforms COP19. 2013. https://carbonmarketwatch.org/publications/carbon-market-watch-recommendations-ji-reforms-cop19/.
- Wikipedia
- {{cite press release |author=Carbon Market Watch |title=Carbon Market Watch Recommendations for JI Reforms COP19 |date=12 November 2013 |url=https://carbonmarketwatch.org/publications/carbon-market-watch-recommendations-ji-reforms-cop19/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{carbonmarketwatch2013carbon, author = {{Carbon Market Watch}}, title = {{Carbon Market Watch Recommendations for JI Reforms COP19}}, publisher = {Carbon Market Watch}, year = {2013}, month = nov, url = {https://carbonmarketwatch.org/publications/carbon-market-watch-recommendations-ji-reforms-cop19/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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