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Glossary
Independent entity

legal entity accredited by JISC to verify JI projects’ ERUs.

Intergovernmental Panel on Climate Change (IPCC)
established in 1988 by the World Meteorological Organization and the UN Environment Programme, the IPCC surveys world-wide scientific and technical literature and publishes assessment reports that are widely recognized as the most credible existing sources of information on climate change. The IPCC also works on methodologies and responds to specific requests from the Convention's subsidiary bodies. The IPCC is independent of the Convention.
Inventory of GHG emissions
collecting, structuring, analysis, synthesis, and archiving of all data necessary to estimate or measure the actual anthropogenic emissions of GHG by sources, including the preparation of the methodological process of inventory owned by a legal entity or in the region or involved in the project for a period determined parties.
Investing Party
country that acquires ERUs or an application for ERUs from JI project, or permit the acquisition of entities.
Joint implementation (JI)
mechanism under the Kyoto Protocol through which a developed country can receive "emissions reduction units" when it helps to finance projects that reduce net greenhouse-gas emissions in another developed country (in practice, the recipient state is likely to be a country with an "economy in transition"). An Annex I Party must meet specific eligibility requirements to participate in joint implementation.
Joint Implementation Supervisory Committee (JISC)
Committee that supervise the JI. This committee was created after the ratification of the Kyoto Protocol. It works on further guidance on policies and procedures for JI.
Kyoto Protocol
adopted at the Third Conference of the Parties to the United Nations Convention on Climate Change held in Kyoto, Japan, in December 1997, the Kyoto Protocol commits industrialized country signatories to reduce their GHG (or “carbon”) emissions by an average of 5.2% compared with 1990 emissions, in the period 2008-2012.
Monitoring of GHG
regular inventories of GHG, carried out at intervals determined by the parties.
Monitoring plan
implementation plan for monitoring the reduction of emissions, is an integral part of PDD.
Monitoring system of GHG emissions
system of procedures and regular evaluation of GHG emissions (including guidelines and instructions for data collection). It’s responsible for documenting and analysis of information, validation and transmission of inventory’s reports in the required formats.