Submission to call for input CMP Joint Implementation projects
Summary
The submission argues that current climate pledges are insufficient to limit warming to 2°C and warns that 'hot air' (surplus allowances) could allow developed countries to maintain business-as-usual emissions. It calls for a robust governance structure for Joint Implementation (JI) projects, focusing on transparency, environmental integrity, and the treatment of projects during the gap period.
Key insights
- Current climate pledges are insufficient to limit global warming to 2°C, and the current emissions trajectory could lead to warming of 4°C or more.
- The existence of surplus allowances (AAUs) from the first Kyoto commitment period, known as 'hot air', may allow developed nations to meet targets without changing their business-as-usual emissions, potentially negating current pledges.
- The submission identifies several critical areas for the revision of Joint Implementation (JI) guidelines, including the need for a robust governance structure, environmental integrity, increased transparency, a review process for accredited independent entities, an appeals procedure, and the determination of the share of proceeds for projects.
Cite the original document
- APA
- Carbon Market Watch (2012). Submission to call for input CMP Joint Implementation projects. https://carbonmarketwatch.org/publications/submission-to-call-for-input-cmp-joint-implementation-projects-can-i-submission/
- Chicago
- Carbon Market Watch. Submission to call for input CMP Joint Implementation projects. 2012. https://carbonmarketwatch.org/publications/submission-to-call-for-input-cmp-joint-implementation-projects-can-i-submission/.
- Wikipedia
- {{cite press release |author=Carbon Market Watch |title=Submission to call for input CMP Joint Implementation projects |date=16 April 2012 |url=https://carbonmarketwatch.org/publications/submission-to-call-for-input-cmp-joint-implementation-projects-can-i-submission/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{carbonmarketwatch2012submission, author = {{Carbon Market Watch}}, title = {{Submission to call for input CMP Joint Implementation projects}}, publisher = {Carbon Market Watch}, year = {2012}, month = apr, url = {https://carbonmarketwatch.org/publications/submission-to-call-for-input-cmp-joint-implementation-projects-can-i-submission/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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