U.N. panel looked for streamline JI CO2 cutting scheme

Green Business News - Oct.25 - the JI Supervisory Committee said that A United Nations panel has proposed merging the two tracks of its Joint Implementation emissions cutting mechanism under the Kyoto Protocol.

The panel said that the proposal would see the establishment of a unified track in place of the two distinct regulatory tracks.

JISC Chair Benoit Leguet said we are putting forward ambitious but extremely practical proposals that would draw on the best features of national and international approaches to incentivizing emission reduction projects.

The JISC is asking for a mandate from next month's talks to ensure the JI will be able to continue in such a gap occurs.