Watch this space. Unlocking Global Emission Reduction Credit is intended to be a living document and will be reviewed at regular intervals. Check the page below, or visit Strategic Guidance for Country System Assessments, Guidance for Countries in Assessing ERC Projects, or Mobilizing ERC Finance. Let us know what you think by taking a Quick Survey.
Find a list of helpful terms used in the Strategic Guidance for Country System Assessments Guidelines.
| ACR | American Carbon Registry [USA] |
| ACCU | Australian Carbon Credit Units [Australia] |
| ANREU | Australia National Registry of Emission Units [Australia] |
| BSP | Benefits Sharing Plan |
| CA | Corresponding adjustments |
| CAR | Climate Action Reserve |
| CARB | California Air Resources Board [USA] |
| CDM | Clean Development Mechanism |
| CER | Clean Energy Regulator [Australia] |
| DCCEEW | Department of Climate Change, Energy, the Environment, and Water [Australia] |
| EAP | East Asia Pacific |
| ERAC | Emission Reduction Assurance Committee [Australia] |
| ERC | Emissions reduction credits |
| ERF | Emission Reduction Fund [Australia] |
| ERP | Emission reduction program |
| ETS | Emissions Trading System |
| GHG | Greenhouse gas emissions |
| GIS | Geographic information systems |
| ITMO | Internationally transferred mitigation outcomes |
| JMC | Joint Crediting Mechanism |
| JI | Joint Implementation |
| LGU | Local government unit |
| MRV | Monitoring, reporting, verification |
| MtCO2e | Million tons of CO2 equivalent |
| NDC | Nationally determined contributions |
| REDD+ | Reducing Emissions from Deforestation and Forest Degradation |
| TGO | Thailand Greenhouse Gas Management Organization [Thailand] |
| UNFCCC | United Nations Framework Convention on Climate Change |
| VVB | Validation/verification bodies |
Research and Publications
This section is intended to be a living document and will be reviewed at regular intervals. The Guidelines have not been prepared with any specific transaction in mind and are meant to serve only as general guidance. It is therefore critical that the Guidelines be reviewed and adapted for specific transactions. Unless expressly stated otherwise, the findings, interpretations, and conclusions expressed in the Materials in this Site are those of the various authors of the Materials and are not necessarily those of The World Bank Group, its member institutions, or their respective Boards of Executive Directors or member countries. For feedback on the content of this section of the website or suggestions for links or materials that could be included, please contact the Public-Private Partnership Resource Center at ppp@worldbank.org.