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Green energy and Carbon credits - NEEC

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Termenology carbon <strong>credits</strong><br />

碳 汇 术 语<br />

• CDM: Clean Development Mechanism- a mechanism defined in the<br />

Kyoto Protocol.<br />

• CER: <strong>Carbon</strong> Emission Reduction; climate <strong>credits</strong> issued in a CDM<br />

project<br />

• PIN: Project Information note- a short description of a proposed<br />

CDM project<br />

• PDD: Project Design Document. The application document for<br />

approval by Executive Board- UN<br />

• DNA: Designated National Authority: each country has to nominate<br />

a body for national approval<br />

• DOE: Designated Operational Entity: Third Party validator<br />

• Additionality: Criterion that the value of CERs will make a project<br />

fly.<br />

• Baseline: the emission in absence of a CDM project

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