The UNFCCC Secretariat has published a technical paper on 'Opportunities for cost savings and efficiencies in joint implementation, learning from experience with the clean development mechanism while recognizing the respective mandates of the two mechanisms' (FCCC/TP/2015/1).
21 April 2015: The UNFCCC Secretariat has published a technical paper, titled ‘Opportunities for cost savings and efficiencies in joint implementation, learning from experience with the clean development mechanism while recognizing the respective mandates of the two mechanisms’ (FCCC/TP/2015/1).
The paper analyses how Joint Implementation (JI), learning from the experiences of the Clean Development Mechanism (CDM), can save costs and improve efficiencies. The document contains two main parts covering: a comparison of JI and the CDM, as the two crediting mechanisms of the Kyoto Protocol, in order to identify potential areas of synergy and associated cost savings for JI; and an examination of ways to increase the JI’s efficiency, particularly with regard to ensuring its environmental efficiency, drawing on recent developments in the CDM.
The document will be considered by the Subsidiary Body for Implementation (SBI) at its 42nd session, scheduled to take place in June 2015, in Bonn, Germany. [Publication: Technical Paper on Opportunity for Cost Savings and Efficiencies in Joint Implementation]