What is the difference between the CDM and JI?
CDM projects are hosted by developing countries that do not have binding GHG emission reduction targets. They are approved by the Parties involved and go through the CDM Executive Board (EB) project cycle. The EB is an international body established under the Marrakech Accords to supervise the CDM. JI projects are hosted in developed (Annex I) countries that have adopted binding emission reduction targets. They must be approved by both Annex I countries involved, and are subject to their respective JI approval processes.
