EBRD publishes Green Investment Scheme Model Agreement

The EBRD, with funding provided by the Netherlands Government, has published a Green Investment Scheme (GIS) Model Agreement and an accompanying Guidance Manual that can be used by parties to the Kyoto Protocol that have committed to reducing or limiting greenhouse gas (GHG) emissions. The GIS Model Agreement provides for a toolbox of options from which parties can choose in contract negotiations for the sale and purchase of emission rights under a GIS.