The aim of the present study is to point out to the flaws in the current mechanism based on the available experience with JI and propose possible solutions how the system could be reformed in order to stimulate the implementation of efficient GHG emission reduction measures that would not take place in the absence of JI.

Integrity Council’s new carbon market rules offer improvements but don’t close all loopholes
The Integrity Council for the Voluntary Carbon Market has just released a set of new rules which seek to boost the quality