It has been suggested that this article or section be merged into Kyoto Protocol. (Discuss)

This article includes a list of references, related reading or external links, but its sources remain unclear because it lacks inline citations. Please improve this article by introducing more precise citations where appropriate. (October 2008)

A Green Investment Scheme (GIS) refers to a plan for achieving environmental benefits from trading ‘hot air’ under the Kyoto Protocol. The Green Investment Scheme (GIS) is a newly developed mechanism in the framework of International Emission Trade (IET). It is designed to achieve greater flexibility in reaching the targets of the Kyoto Protocol while preserving environmental integrity of IET. Under the GIS a Party to the Protocol expecting that the development of its economy will not exhaust its Kyoto quota, can sell the excess of its Kyoto quota units (AAUs) to another Party. The proceeds from the AAU sales should be “greened”, i.e. channeled to the development and implementation of the projects either acquiring the greenhouse gases emission reductions (hard greening) or building up the necessary framework for this process (soft greening).

See also==

• Carbon emissions trading
• Kyoto Protocol

[edit] References

• [1]

See a GIS Model Agreement and Guidance Manual on:

• [2]==