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Organisations in Different Renewables

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Organisations in Different Renewables ( organisations-different-renewables )

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ANNEX 4 Annex A – British Petroleum’s Green Glossary (Excerpts) Activities Implemented Jointly, or AIJ The pilot phase for joint implementation (JI), as defined in Article 4.2(a) of the FCCC, that allows for project activity among developed countries (and their companies) and between developed and developing countries (and their companies). AIJ is intended to allow Parties to gain experience in jointly implemented project activities. There is no crediting for AIJ activity during the pilot phase. (See also 'Joint Implementation' and 'Clean Development Mechanism'.) A decision remains to be taken on the future of AIJ projects and how they may relate to the Kyoto Mechanisms. Additionality According to the Kyoto Protocol Articles on Joint Implementation and the Clean Development Mechanism, emissions reduction units (ERUs & CERs) will be awarded to project-based activities provided that the projects achieve reductions that are 'additional to those that otherwise would occur.' The issue is subject to further clarification by Parties. Some now make the distinction between different types of additionality criteria: Environmental additionality - credits are allocated to projects purely on the level of greenhouse gas (GHG) reductions or limitations achieved; Financial additionality - the funding for the project would need to be additional to existing ODA commitments from governments and GEF; 2: Investment additionality - in this approach to defining whether a project would qualify for credits, investors would need to demonstrate that the credits generated significantly improve the financial and/or commercial viability of the project activity; Technological additionality - the technology used for the project activity shall be the best available for the circumstances of the host Party. Ad Hoc Group on the Berlin Mandate, or AGBM Working group established by the first meeting of the Conference of the Parties (COP-1) to develop a process aimed at strengthening developed countries 'commitments to greenhouse gas reductions in the post-2000 period through the adoption of a protocol or other legal instrument. The AGBM convened for the last time at COP-3 in Kyoto. Adverse Effects/Impacts Adverse effects or impacts, refers to the potential negative effects of climate change as well as the impact of the implementation of response measures. Such effects or impacts include sea level rise, change in precipitation or other weather patterns, and reduced demand for fossil fuels or 1

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