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15 - Compliance in transition countries

Published online by Cambridge University Press:  05 January 2012

Jutta Brunnée
Affiliation:
University of Toronto
Meinhard Doelle
Affiliation:
Dalhousie University, Nova Scotia
Lavanya Rajamani
Affiliation:
Centre for Policy Research, New Delhi
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Summary

Introduction

Compliance with the obligations under the Kyoto Protocol is key to the protocol’s environmental integrity; it supports the carbon market’s credibility and ensures transparency of accounting by parties. Annex I parties, including countries that are undergoing the process of transition to a market economy (EITs), are required to comply with their quantified emission limitation and reduction targets, the methodological and reporting requirements for greenhouse gas inventories, and the eligibility requirements under the flexibility mechanisms.

Emission trends of EITs indicate that rather than struggling with meeting their emission targets, they face the challenge of utilizing their ‘carbon surpluses’ for the sustainable development of their economies. The issue of over-compliance is closely linked to the question of how to leverage surplus emission allowances through Joint Implementation and Green Investment Schemes in a way that ensures the environmental integrity of the Kyoto Protocol and supports the sustainable development of EITs. While emissions targets currently do not seem to raise compliance issues for EITs, compliance with methodological and reporting requirements on the other hand has raised some criticism and led to the involvement of the Kyoto Protocol Compliance Committee.

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Chapter
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Publisher: Cambridge University Press
Print publication year: 2011

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References

ECONOLER International and CAP SD 2003
European Commission 2008
2011
2011
Point Carbon 2011
Point Carbon 2011
2010
Point Carbon 2011
Point Carbon 2010

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