ACBE reports on flexible mechanisms

The Advisory Committee on Business and the Environment’s (ACBE) report, Assessment of Joint Implementation and Clean Development Mechanism: Potential Opportunities for UK Business, outlines how UK business could benefit from projects to reduce greenhouse gas emissions in other countries.

The ACBE report makes several recommendations to Government on its preferred format for the two project-based Kyoto mechanisms, Joint Implementation (JI) and the Clean Development Mechanism (CDM), and how to promote involvement of UK business. One of the key recommendations is that Government sets up a ‘Kyoto Mechanisms Office’ to advise business on opportunities arising from JI and CDM. In response, Government has today relaunched its ‘virtual office’ website to advise business on the Kyoto mechanisms – and has appointed an ‘Export Promoter for Energy and Environment’.