A Proposal on the Supplementarity Issue for Emissions Trading and Joint Implementation

Discussion Paper
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Kyoto Protocol incorporates the international flexibility mechanisms such as emissions trading, etc., in addition to setting the quantified commitments for Annex I Parties. The Protocol also recognizes the importance of domestic actions, and supports the concept of supplementarity in the Articles 6 and 17.
EU proposes to limit the tradeable amounts of emissions to meet this concept. A new idea to develop common physical performance indicators is proposed in this paper. This proposal reflects the spirit of the Article 2 of the Protocol and is expected both to promote domestic actions in Annex I Parties and also to develop international cooperative framework.