A Kyoto Protocol unit equal to 1 metric tonne of CO2 equivalent.
Each Annex I Party issues AAUs up to the level of its assigned amount, established pursuant to Article 3, paragraphs 7 and 8, of the Kyoto Protocol (cf. Kyoto commitments).
Assigned amount units may be exchanged through emissions trading.
(UNFCCC glossary, 7 March 2007)
=> Glossary