Joint Implementation

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A mechanism, established under the Kyoto Protocol, which allows a developed country to acquire emission credits to assist in meeting their assigned amounts (emissions reduction unit) when it helps to finance projects that reduce net emissions in another developed country, including countries with economies in transition. This allows industrialized countries to meet their obligations for reducing their greenhouse gas emissions by receiving credits for investing in emissions reductions in developing countries. See also Activities Implemented Jointly.

Subjects: Environmental Science.

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