VIEWS ON THE REVIEW OF THE JOINT IMPLEMENTATION GUIDELINES PREPARED FOR SUBSIDIARY BODY FOR IMPLEMENTATION, 41TH SESSION, 1-8 DECEMBER 2014

Carbon Market Watch argues that the draft review of Joint Implementation (JI) guidelines requires critical improvements to prevent the issuance of non-additional credits. The organization advocates for stronger oversight by the Joint Implementation Supervisory Committee (JISC), the mandatory reassessment of existing projects, the termination of crediting periods by 2020, and the cessation of retroactive crediting to protect the integrity of climate targets.

• International oversight of JI projects must be strengthened, particularly for Track 1 projects approved by host countries, as a lack of supervision has led to the issuance of millions of "hot air" offsets and a prioritization of credit maximization over environmental integrity.
• Existing JI projects should not be allowed to continue operating under old guidelines; instead, they must be re-registered and have their additionality and baseline scenarios reassessed to prevent the continued generation of low-integrity ERUs.
• Crediting periods for JI projects should end in 2020 to align with the expiration of the Kyoto Protocol's current commitment period and avoid prejudging future agreements.
• Retroactive crediting should be stopped to prevent the issuance of non-additional ERUs to projects that were operational for years before registering as JI projects.
• The issuance of CP2 Emission Reduction Units (ERUs) should be prohibited during the interim period until Parties have received their CP2 Assigned Amount Units (AAUs), as early issuance would threaten the integrity of mitigation targets given the current oversupply of credits.

APA

Carbon Market Watch (2014). VIEWS ON THE REVIEW OF THE JOINT IMPLEMENTATION GUIDELINES PREPARED FOR SUBSIDIARY BODY FOR IMPLEMENTATION, 41TH SESSION, 1-8 DECEMBER 2014. https://carbonmarketwatch.org/wp-content/uploads/2014/11/CMW_Position_JI_final.pdf

Chicago

Carbon Market Watch. VIEWS ON THE REVIEW OF THE JOINT IMPLEMENTATION GUIDELINES PREPARED FOR SUBSIDIARY BODY FOR IMPLEMENTATION, 41TH SESSION, 1-8 DECEMBER 2014. 2014. https://carbonmarketwatch.org/wp-content/uploads/2014/11/CMW_Position_JI_final.pdf.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=VIEWS ON THE REVIEW OF THE JOINT IMPLEMENTATION GUIDELINES PREPARED FOR SUBSIDIARY BODY FOR IMPLEMENTATION, 41TH SESSION, 1-8 DECEMBER 2014 |date=November 2014 |url=https://carbonmarketwatch.org/wp-content/uploads/2014/11/CMW_Position_JI_final.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatch2014views, author = {{Carbon Market Watch}}, title = {{VIEWS ON THE REVIEW OF THE JOINT IMPLEMENTATION GUIDELINES PREPARED FOR SUBSIDIARY BODY FOR IMPLEMENTATION, 41TH SESSION, 1-8 DECEMBER 2014}}, publisher = {Carbon Market Watch}, year = {2014}, month = nov, url = {https://carbonmarketwatch.org/wp-content/uploads/2014/11/CMW_Position_JI_final.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }