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additionality
/ əˌdɪʃəˈnælɪtɪ /
noun
- (in Britain) the principle that money raised by the National Lottery should only be spent on projects that would not otherwise be funded by government spending
- (in the European Union) the principle that the EU contributes to the funding of a project in a member country provided that the member country also contributes
Example Sentences
"Income from international students is no longer providing an additionality that allows us to invest over and above what we would be able to do with just domestic sources of income," she said.
It also says there are serious doubts about the additionality of Verra’s plastic credit program – a key offsetting concept meaning that credits pay for activities, in this case waste collection and recycling, that wouldn’t happen without the financial programs.
The shifting economics on renewable energy mean that many such projects would have happened regardless of an offset purchase — thus failing to meet a crucial requirement known as “additionality.”
The suit against Delta, which cites the Bloomberg Green investigation, claims the airline took credit for projects that lack additionality.
Pressed on the Belfast High Court recommendation that investigations should be carried out by both governments, not just the British government, the minister said: "The crucial test from my perspective as minister for justice will be what additional support or additionality can we add to that inquiry."
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