additionality Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “additionality” in the English Dictionary

"additionality" in Business English

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additionalitynoun [U]

uk   us   /əˌdɪʃəˈnæləti/
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 ​normalpublicsectorfunding.
ENVIRONMENT the ​reduction in the ​amount of carbon dioxidegasreleased into the ​environment that ​happens only as a ​result of ​trading carboncredits: The ​buzzword in the ​industry is "additionality" - the ​idea that ​offsetpurchaseslead to ​additional greenhouse ​gasreductions.
(Definition of additionality from the Cambridge Business English Dictionary © Cambridge University Press)
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“additionality” in Business English

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