Forestry, Africa and Climate Change Protocol

Joint Implementation (JI) was a concept developed by the Conference of Parties (CoP) to the UN Framework Convention on Climate Change (UNFCCC) to help reduce the level of greenhouse gases, particularly CO2, in the global atmosphere. In JI projects, an organisation in a developed country invests in an organisation in a less developed country with the aim of reducing atmospheric greenhouse gases. It is seen as a commercial transaction in which both parties stand to benefit. The recipient country organisation obtains modern technology which would otherwise be unaffordable, but which may have other advantages, e.g. it may reduce energy consumption and thus production costs. The developed country organisation gains in respect of the obligations under which it is put, by its own government, to reduce greenhouse gases.