additionality

additionality
additionality ad‧di‧tion‧al‧i‧ty [əˌdɪʆəˈnælti] noun [uncountable]
ECONOMICS a rule or principle stating that the money spent by a government on public services such as health and education can be added to from other funds, especially European Union grant S, but cannot be replaced by those grants altogether:

• Spain and Portugal have the same system of additionality as we have here in the UK.

* * *

additionality UK US /əˌdɪʃəˈnæləti/ noun [U]
UK ECONOMICS, FINANCE the situation in which a government or organization is able to get money for a project from another government or organization, especially the European Union, only if it pays for most of the project itself: »

The principle of 'additionality', decrees that money should go only to projects that would not have gone ahead with normal public sector funding.

ENVIRONMENT the reduction in the amount of carbon dioxide gas released into the environment that happens only as a result of trading carbon credits: »

The buzzword in the industry is ""additionality"" - the idea that offset purchases lead to additional greenhouse gas reductions.


Financial and business terms. 2012.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • additionality — noun a) The property of being additional. b) Net positive difference that results from economic development intervention. The extent to which an activity (and associated outputs, outcomes and impacts) is larger in scale, at a higher quality,… …   Wiktionary

  • additionality — UK [əˌdɪʃəˈnælɪtɪ] / US noun [uncountable] business a way of paying for a project in which an organization or government gives money to another organization or government only if it also pays part of the cost itself …   English dictionary

  • Additionality —   The principle which means that funding from the European Regional Development Fund (ERDF) is additional to that provided by national and local authorities …   Glossary of the European Union and European Communities

  • additionality — /ədɪʃəˈnæləti/ (say uhdishuh naluhtee) noun 1. Finance the requirement that any new funding should add to existing funding and not replace it. 2. the requirement that a project must be additional to normal best practice to be eligible to be… …  

  • additionality — additionalˈity noun 1. The principle (orig applied to EU funding of projects) that funding should be additional to, not a replacement for, funding from the beneficiary 2. The principle that grants, credits, etc should be awarded only to promote… …   Useful english dictionary

  • Clean Development Mechanism — The Clean Development Mechanism (CDM) is one of the flexibility mechanisms defined in the Kyoto Protocol (IPCC, 2007).[1] It is defined in Article 12 of the Protocol, and is intended to meet two objectives: (1) to assist parties not included in… …   Wikipedia

  • Carbon credit — This article deals with carbon credits for international trading. For carbon credits for individuals, see personal carbon trading. For voluntary schemes, see carbon offset. Part of a series on …   Wikipedia

  • Renewable Energy Certificates — (RECs), also known as Green tags, Renewable Energy Credits, or Tradable Renewable Certificates (TRCs), are tradable environmental commodities in the United States which represent proof that 1 megawatt hour (MWh) of electricity was generated from… …   Wikipedia

  • Carbon offset — Part of a series on Green economics Concepts …   Wikipedia

  • Carbon tax — Part of a series on Green economics Concepts …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”