¥Clean Development Mechanism (CDM) Jointly
agreed project investments by Annex 1 countries in non-Annex (developing)
countries. Resulting emissions savings classified as certified emission
reductions (CERs) , investing country can use to offset against Kyoto
commitments.
¥Joint Implementation (JI) Jointly
agreed project investments by one Annex 1 country in another, leading to emission
reductions. Emissions savings (in ERUs) credited to investing country, debited against host
country
¥Marrakech Accords 2001
¥Track
1 projects - host country approves
¥Track
2 projects - evaluated by independent organization
¥International Emissions Trading (IET)
¥
Trading of assigned amount units (AAUs) amount