EIT

Countries with Economies in Transition. EITs include Central and East European countries and former republics of the Soviet Union in transition from state-controlled (i.e. centrally planned) to free market economies. 14 of the Parties included as Annex I countries to the UNFCCC are EITs, and 13 of these have committed to binding emission reduction targets under Annex B to the Kyoto Protocol.


Sources and Learn more:
www.economicsonline.co.uk
unfccc.int (list of Annex I countries considered as EIT)
www.iisd.org