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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