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Why will the use of JI/CDM credits by companies be restricted before an international agreement is reached?

April 26, 2017Agreement CDM companies Credits International ji

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Why will the use of JI/CDM credits by companies be restricted before an international agreement is reached?

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Prior to a satisfactory international agreement being reached, any increase in the use of JI/CDM credits after 2012 above those granted for 2008-2012 would reduce incentives for companies to invest in carbon-efficient technologies, and thus risk undermining the achievement of sufficient domestic emission reductions to achieve the emissions and renewable energy targets for 2020.