Joint implementation used as an instrument to reduce the emissions of greenhouse gases
This report deals with international environmental instruments aimed at a cost-effective reduction of greenhouse gas emissions. More precisely the instruments mentioned in the Kyoto Protocol, namely Joint Implementation (JI), the Clean Development Mechanism (CDM) and Tradable Permits (TP).
The project will give a systematic description of Joint Implementation (JI) as an environmental instrument. It will be analysed how the incentives, of the agents depend on the framework for JI, and whether the increased internationalisation of the national economies - especially the liberalisation of the energy markets - changes the preconditions for JI. Both theoretical and practical aspects of JI will be given weight. The project aims at creating a platform for Danish decision-making on JI
The report describes the background for the international co-operation on reducing the greenhouse gases and the background for the instruments. How the instruments work in theory and what that practical problems may be. What agents' incentives are when they engage in JI or CDM, and how the initiation of the instruments can be organised. The institutional frameworks for JI, CDM and TP are discussed. The report describes how the Kyoto instruments and the Kyoto commitments interact with other instruments and describe distributive effects between countries. It is analysed how the use of CDM may influence the developing countries incentives to participate in the coalition of committed countries. In the concluding chapter some recommendations on the use of JI, TP and CDM are given. The recommendations are a kind of dialog with especially the Norwegian and Swedish reports on tradable permits. Some of the issues described in this main report are analysed in separate working papers. The working papers are collected in an appendix to the main report
Key figures
Category
Participants
Partner | Subsidy | Auto financing |
---|---|---|
Københavns Universitet | ||
UNEP Collaborating Centre on Energy and Environment |
Contact
P.O. Box 49
DK-4000 Roskilde, Denmark
Nielsen, Lise (forsker), 46774677, sys@risoe.dk
Øvr. Partnere: Københavns Universitet. Økonomisk Institut; UNEP Collaborating Centre on Energy and Environment