Assigned Amount Unit

Assigned Amount Units (AAU) are UN emission certificates which entitle the holder to trade between Annex I countries (industrialized countries) of the Kyoto Protocol . An AAU certificate corresponds to the emission of greenhouse gases equivalent to one ton of CO ₂ . For the first Kyoto commitment period (2008 to 2012), the Annex B countries participating in the Kyoto Protocol have been allocated. The amount of the allocations corresponds to the upper emission limits set out in Appendix B of the Kyoto Protocol, which are set as emission reductions compared to a base year (1990 for most countries). At the end of the commitment period, the industrialized countries must surrender as many emission certificates as corresponds to the actual emissions. AAUs can partially be replaced by Emission Reduction Units (ERU) and Certified Emission Reductions (CER), which are generated by the project-based mechanisms Joint Implementation (JI) and the Clean Development Mechanism (CDM).

literature

Elizabeth Lokey Aldrich, Cassandra L. Koerner: Unveiling Assigned Amount Unit (AAU) Trades: Current Market Impacts and Prospects for the Future . In: atmosphere . No. 3 , 2012, ISSN 2073-4433 , p. 229–245 , doi : 10.3390 / atmos3010229 ( mdpi.com [PDF; 264 kB ; accessed on June 29, 2013]).
United Nations Framework Convention on Climate Change [UNFCCC] (Ed.): Kyoto Protocol Reference Manual on Accounting of Emissions and Assigned Amount . Bonn 2008, ISBN 92-9219-055-5 ( unfccc.int [PDF; 1.8 MB ; accessed on June 29, 2013]).

Web links

International Emissions Trading . UNFCCC
co2-handel.de

Individual evidence

^ Helga Luckenbach: Fundamentals of international economic policy - international trade policy . Vahlen Verlag, Munich 2011, ISBN 978-3-8006-4465-0 , p. 316.

[1] Helga Luckenbach: Fundamentals of international economic policy - international trade policy . Vahlen Verlag, Munich 2011, ISBN 978-3-8006-4465-0 , p. 316.