A legal and regulatory analysis of JI and offset mechanisms in the EU after 2012.
The report was commissioned by KfW on behalf of the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety under the ongoing CDM/JI Initiative. It provides an analysis of the regulatory situation post 2012 for JI and offsetting in and for the European Union. It identified where uncertainties lie but also where certainties exist, where further policy measures are required and where the existing framework remains adequate. The ultimate aim is to enable policy-makers and investors to gain detailed insight into the prospective situation for offsetting in Europe upon approaching the end of the first commitment period under the Kyoto Protocol and the start of the Third Trading Period under the EU ETS, and to present policy options that will facilitate decision-making in a climate of uncertainty.
Shifting Paradigms provided quality control and regulatory expertise.
Partners: Climate Focus, Atlas Environenmental Law Advisory