Home > News > AAU SALES AND GREEN INVESTMENT SCHEMES: PERSPECTIVES 2012 AND AFTER

News : AAU SALES AND GREEN INVESTMENT SCHEMES: PERSPECTIVES 2012 AND AFTER

10 November 2010

As the first commitment period under the Kyoto Protocol draws to a close, the trade with AAUs, or International Emissions Trading (IET), finds growing attention. Although not linked by law to concrete emission reduction activities, the tying of AAU sales to so-called Green Investment Schemes has won widespread recognition. While challenges persist, Green Investment Schemes have proved capable of tapping into an emission reduction potential inaccessible for the other flexible mechanisms under the Kyoto Protocol, the Clean Development Mechanisms (CDM) and Joint Implementation (JI). Adequately designed, IET transactions linked to Green Investment open a trajectory for mitigation policies and actions post 2012.

To upload the Climate Focus Commentary by Moritz von Unger click here.