Kyoto protocol’s carbon credit scheme ‘increased emissions by 600m tonnes’

Series Title
Series Details 25.08.15
Publication Date 25/08/2015
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The first in-depth review of JI’s environmental integrity, from the Stockholm Environment Institute published in August 2015, showed that about three-quarters of credits may not represent actual emission reductions, and their use to meet mitigation targets may have increased emissions by about 600 million tonnes. The findings were directly relevant to ongoing UN climate talks.

'The implications are particularly serious for the EU Emissions Trading System', said Anja Kollmuss, an SEI associate who led the study. 'Almost two-thirds of JI credits were used in the EU ETS, so the poor overall quality of JI projects may have undermined the EU’s emission reduction target by some 400 Mt CO2e. For context, that is about a third of the emission reductions required by the EU ETS from 2013 to 2020'.

Ukraine and Russia hosted the largest share of JI projects overall.

Source Link Link to Main Source http://www.euractiv.com/sections/energy/kyoto-protocols-carbon-credit-scheme-increased-emissions-600m-tonnes-317046
Related Links
Stockholm Environment Institute: News, 24.08.15: Joint Implementation has undermined global climate ambition, study says http://www.sei-international.org/news-and-media/3196
Politico, 25.08.15: Bogus carbon offsets increased emissions http://www.politico.eu/article/bogus-carbon-offsets-emissions-greenhouse-gas-pollution/
ESO: Paris Climate Change Conference, November-December 2015 http://www.europeansources.info/record/paris-climate-change-conference-november-december-2015/
EUObserver, 25.08.15: Some 'green' projects bad for climate, report says https://euobserver.com/environment/129977
ESO: Key source: Emissions Trading System (EU ETS) http://www.europeansources.info/record/emissions-trading-system-eu-ets/
BBC News, 25.08.15: Carbon credits undercut climate change actions says report http://www.bbc.co.uk/news/science-environment-34042115

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