Green Investment Scheme (GIS)

Revenues earned by countries through the sale of “hot air” (over-allocation of AAUs) are reinvested in projects that provide environmental benefits such as additional emission reductions, capacity building effects, support educational or social programmes that will help lower future emission levels. Designed to dispel concerns over the environmental integrity of “hot air”.

Previous Entry: Grandfathering

Next Entry: Greenhouse Gases (GHG)