Highlights -- Joint Implementation Supervisory Committee, meeting 29

Highlights -- Joint Implementation Supervisory Committee, meeting 29

For a full meeting report see:
<http://ji.unfccc.int/Sup_Committee/Meetings/index.html>

Bonn, Germany 30 May 2012 Bonn -- In its second meeting of
the year, the Joint Implementation Supervisory Committee
(JISC) concentrated on its recommendations for revising the
guidelines governing the joint implementation (JI)
mechanism.

The discussions focused on ideas assembled by a small team
of JISC members and secretariat staff that illustrated the
implementation of key attributes and transitional measures.

"Our work on the JI Guidelines for a second Kyoto period
finds that substantial changes to the JI mechanism are
needed,” said JISC Chair Wolfgang Seidel. “The basic idea is
to consolidate the current two-track approach to JI in a way
that decentralizes operations out to host countries while
still keeping it all under the international oversight of a
central governing body.”

The direction being taken maintains a wide-ranging
definition of JI activities that can encompass individual
projects all the way up to sectoral or policy-based
initiatives. It includes an elaboration of the project cycle
and increased responsibilities for host governments and
accredited independent entities.

Also discussed was an expanded role for a new governing
body. This would set essential standards and rules for the
formulation of JI activities and operation of the mechanism
as a whole. It would have a wide mandate to oversee the
mechanism and ensure that the rules are being properly
applied.

The next step will be to prepare a first draft of the
revised JI guidelines and consult with stakeholders and JI
representatives within governments. This will be discussed
at the next meeting of the JISC, to be held in Bonn 26-28
September. The JISC’s final recommendations will be
submitted to the CMP for discussion at its November 2012
conference in Doha, Qatar.