JI: Life after 2012?

Joint Implementation (JI) emission reduction projects have so far been overshadowed by the Clean Development Mechanism. Katie Holliday investigates whether there is a future for JI projects post-2012

As the United Nations Climate Change Conference in Copenhagen (COP-15) looms, one of the hot topics for debate will be which of the various carbon market mechanisms will survive a new global climate change agreement. The biggest question mark hangs over the future of Joint Implementation (JI) schemes.

There are currently two carbon market mechanisms under the Kyoto Protocol, which allow signatories to invest in emissions reduction projects outside their own country and generate carbon credits to

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