Joint Implementation

Abstract

As stated in the first part of this volume it is the FCCC’s objective to stabilize the concentrations of GHG in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system. Current scientific assessment points out that the necessary reductions might be in the order of 60% or more compared to present global levels. It is therefore a great challenge to control and reduce global GHG emissions. Although the FCCC states that industrialized countries should stabilize their levels of emission at the current levels, global emissions will continue to grow because of the need of developing countries to alleviate poverty and provide their citizens with decent living conditions. The gains that will be made due to the commitments of industrialized countries to stop the growth of their emissions will in the near future therefore be far outweighed by the growth in emissions in developing countries.