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Can the EU emission trading scheme support CDM forestry?

机译：欧盟排放交易计划可以支持CD​​M林业吗？

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摘要

The European Commission is mandated to consider the inclusion of credits from land-use projects under the clean development mechanism (CDM) and joint implementation (JI), beginning with the second period of the European Union's emission trading scheme (ETS) in its report due in July 2006. Temporary credits from afforestation and reforestation under the CDM are seen by many as posing a technical problem for their use under the ETS. This article summarizes three feasible, efficient and environmentally sound alternatives for achieving the integration of such temporary credits in the European emissions trading market starting in 2008. The first proposal integrates tCERs and 1CERs (temporary credits) into the EU ETS by allowing for their direct use for compliance purposes. The second proposal builds on the idea of swapping temporary credits for EU allowances (EUAs) by Member States. The third proposal would not require a political decision at the EU level. Instead supportive Member States or private carbon fund operators would agree to swap temporary credits for the CERs or ERUs they hold in their accounts. All three solutions would be linked to a risk-mitigation strategy based on levying a fee or fixing an exchange rate, which would allow governments to hedge the risk of losing temporary credits.
机译：欧盟委员会受权考虑在清洁发展机制（CDM）和联合实施（JI）下从土地利用项目中获得信贷，从欧盟排放交易计划（ETS）的第二阶段开始，在其报告中在2006年7月，清洁发展机制下的植树造林和再造林产生的临时信用被许多人视为在碳排放交易体系下使用它们造成了技术问题。本文总结了从2008年开始实现在欧洲排放交易市场中实现此类临时信用积分的三种可行，高效和无害环境的替代方案。第一个建议是通过将tCER和1CER（临时信用）整合到EU ETS中，允许它们直接使用。出于合规目的。第二项提案基于成员国将临时信用额转换为欧盟配额（EUA）的想法。第三个建议不需要欧盟一级的政治决定。取而代之的是，支持性成员国或私人碳基金运营商将同意为其账户中持有的CER或ERU交换临时信用。所有这三种解决方案都将与基于收费或确定汇率的风险缓解策略联系在一起，这将使政府能够对冲失去临时信贷的风险。

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