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.

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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.

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