760-V “On Amendments to Some Legislative Acts of Ukraine on Encouragement of Energy-Saving Activities” (16 March 2007). Joint Implementation 01) is one of the Kyoto Mechanisms, together with Emission Trading and the Clean Development Mechanism. Article 6 of the Kyoto Protocol allows a country with an emission level commitment under the Kyoto Protocol (Annex I Party) to earn emission reduction units (ERUs - equivalents of one tonne of C02) from a project reducing emissions in another Annex I Party.