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

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.