TÜV SÜD Industrie Service GmbH,
The Kyoto Protocol’s joint implementation (JI) mechanism has accredited its first third party verifier, TÜV SÜD Industrie Service GmbH , whose job is to determine the acceptability of emission reduction projects and verify emission reductions achieved. Under JI, greenhouse gas emission reduction projects in countries with an emission reduction or limitation commitment under the Kyoto Protocol can generate saleable emission reduction units (ERUs), each equivalent to one tonne of carbon dioxide. Countries can purchase and surrender ERUs to meet a part of their commitment under the Protocol. To date, 170 projects in 12 countries have been submitted for public comment, the first step in the vetting process before projects undergo “determination” by an accredited entity underso-called JI Track 2. These 170 projects are expected to achieve around 300 million tonnes of emission reductions by the end of the first commitment period of the Kyoto Protocol in 2012. The mechanism is supervised by t...