| Benefits of JI activities
accrue to the United States, the host country, private sector participants,
and the global community as a whole.
Benefits to U.S.
Participants
1) Public recognition
- USIJI participants receive public recognition for their efforts to reduce
the threat of climate change and contribute to sustainable development.
USIJI provides recognition of participants in the form of communications
programs and rights to use the program logo and materials for public relations
programs.
2) Information about new market
opportunities - The global markets for new technologies and energy
and natural resource management services are growing rapidly. Upon request,
the Secretariat can direct participants to appropriate sources of information
on export opportunities developed through the Department of Commerce, the
U.S. Agency for International Development, and other federal agencies.
3) Technical assistance
- The USIJI draws on technical experts from federal agencies, national
laboratories, industry, industry associations, state and local governments,
nongovernmental organizations, private consulting firms, international
or host country organizations, host country government agencies, and/or
academia to provide a limited amount of general technical assistance. The
assistance is subject to the availability of resources and the development
of appropriate mechanisms and consists of workshops, guidance documents,
issues papers, and JI hotline assistance.
Technical assistance can also include:
-
identifying or developing appropriate
methodologies for establishing a GHG emissions baseline and for measuring
emissions reduced or sequestered
-
providing guidance on monitoring
and verifying GHG emissions reduced or sequestered as a result of the project
4) International credibility
- Participation in USIJI helps establish a track record in international
markets by facilitating relationships with governments, businesses, and
organizations in foreign countries.
5) Input to development of
international criteria for joint implementation - The U.S. government
includes USIJI projects in its presentations under the auspices of the
United Nations Conference of the Parties for a Framework Convention on
Climate Change (which replaced the General Assembly to the Intergovernmental
Negotiating Committee (INC) in March 1995). Participation in JI activities
affords the United States an opportunity to influence the direction and
structure of JI beyond the pilot phase by demonstrating the potential for
international collaboration to resolve environmental problems.
6) Official tracking
and recording of a projects’s emissions reductions
Benefits to Foreign
Participants
1) Technology transfer
- The USIJI pilot program encourages the U.S. private sector to invest
additional resources in the dissemination of innovative technologies that
can help meet development priorities while reducing or sequestering GHG
emissions.
2) Investment facilitation
- By reducing transaction costs, USIJI facilitates investments in technologies
and projects that reduce GHG emissions while contributing to overall host
country development objectives.
3) Local environmental
and health benefits - Measures that reduce or sequester greenhouse
gases often generate other local environmental and human health benefits
by preventing or reducing air, water, or soil pollution and/or by contributing
to more sustainable use of natural resources.
4) Local economic
benefits - USIJI projects may generate local economic benefits through
training construction of new or improved facilities, public participation
in projects, and provision of new energy services.
5) Opportunity to influence
the future of JI - Participation in JI activities affords the host
county an opportunity to influence the direction and structure of JI beyond
the pilot phase by demonstrating the potential for international collaboration
to resolve environmental problems.
Global Benefits
1) Reduction in overall
cost to reduce GHG emissions - Emissions of GHG are projected to grow
on a global basis. Joint implementation offers a cost-effective solution
to reducing or sequestering emissions of these gases.
2) Promotion of sustainable
development - JI projects encourage additional private sector
investment in the development and dissemination of technologies and practices
that contribute to sustainable development while sequestering GHGs.
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