SUBMISSION ON JOINT IMPLEMENTATION

The document argues that Joint Implementation (JI) requires significant reform to prevent the 'laundering' of surplus emission units and to ensure that credits represent real, additional greenhouse gas reductions. CAN-I recommends a single unified track with stringent oversight, the prohibition of using first commitment period (CP1) Assigned Amount Units (AAUs) to shadow credits during the transition to the second commitment period (CP2), and the implementation of mandatory independent audits for baselines and 'positive lists'. It further calls for a robust appeals process that allows NGOs to challenge project approvals and a mandatory 30-day public comment period for monitoring reports.

• The current Joint Implementation (JI) system suffers from low environmental integrity, with 95% of Emission Reduction Units (ERUs) originating from 'track 1' projects that lack transparency.
• Carbon market prices for ERUs collapsed by over 95% in 2012, with prices falling below EUR 0.2, making it nearly impossible to implement truly additional projects.
• Using CP1 AAUs to shadow JI credits during the transition to CP2 creates a loophole for 'hot-air laundering,' where countries with surplus units convert them into ERUs without real emission reductions.
• To ensure additionality, 'positive lists' of project types should be limited to a 3-year validity period and must be reviewed by an independent auditor and approved by a governing body.
• Baselines and standardized baselines should be updated at least every 5 years and reviewed by independent auditors to prevent over-crediting caused by weak baseline settings.
• Existing JI projects from CP1 should undergo a renewal procedure for their crediting periods in CP2 to evaluate if they remain additional given changes in industry and legislation.
• The proposed appeals process should allow stakeholders, including NGOs, to appeal both the approval and rejection of projects to ensure environmental and social integrity.
• Public participation should be strengthened by requiring a 30-day commenting period for all published JI monitoring reports.

APA

Carbon Market Watch (2013). SUBMISSION ON JOINT IMPLEMENTATION. https://carbonmarketwatch.org/wp-content/uploads/2013/02/CAN_Submission_JointImplementation_feb-15.pdf

Chicago

Carbon Market Watch. SUBMISSION ON JOINT IMPLEMENTATION. 2013. https://carbonmarketwatch.org/wp-content/uploads/2013/02/CAN_Submission_JointImplementation_feb-15.pdf.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=SUBMISSION ON JOINT IMPLEMENTATION |date=15 February 2013 |url=https://carbonmarketwatch.org/wp-content/uploads/2013/02/CAN_Submission_JointImplementation_feb-15.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatch2013submission, author = {{Carbon Market Watch}}, title = {{SUBMISSION ON JOINT IMPLEMENTATION}}, publisher = {Carbon Market Watch}, year = {2013}, month = feb, url = {https://carbonmarketwatch.org/wp-content/uploads/2013/02/CAN_Submission_JointImplementation_feb-15.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }