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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 PPPLRC at ppp@worldbank.org.

 

 

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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 download the following reports: Strategic Guidance for Country System Assessments and Guidance for Countries in Assessing ERC Projectsor the Mobilizing ERC Finance. Let us know what you think by taking a Quick Survey.


 

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Abbreviations: Guidance for Countries in…

Find a list of helpful terms used in the Guidance for Countries in Assessing ERC Projects, or download the Full Report to find more.

 ACR

 American Carbon Registry

 AFOLU

 Agriculture, Forestry and Other Land Uses

 ALM

 Agricultural land management

 AML

 Anti-money laundering

 ARR

 Afforestation, reforestation, and regeneration

 API

 Open application programming interface

 BECCS

 Bioenergy with carbon capture and storage

 BS

 Benefits sharing

 CA

 Corresponding adjustments

 CAR

 Climate Action Reserve

 CCB

 Climate, Community, and Biodiversity

 CCUS

 Carbon capture, utilization and storage

 CDM

 Clean Development Mechanism

 CFT

 Combating the financing of terrorism

 DAC

 Direct air capture

 EAP

 East Asia Pacific

 EIA

 Environmental impact assessment

 ERC

 Emissions reduction credits

 ERF

 Emission Reduction Fund [Australia]

 ERP

 Emission reduction program

 FPIC

 Free, Prior and Informed Consent

 GHG

 Greenhouse gas emissions

 GMO

 Genetically modified organisms

 GS

 Gold Standard

 GtCO2e

 Gigatonnes of CO2 equivalent

 HCV

 High conservation value

 ICOA

 International Civic Aviation Organization

 ICROA

 International Carbon Offsetting Alliance

 ICVCM

 Integrity Council for the Integrity of the Voluntary Carbon Market

 ITMO

 Internationally Transferred Mitigation Outcomes

 IFM

 Improved forest management

 ISO

 International Organization for Standardization

 IPLC

 Indigenous peoples and local communities

 KYC

 Know-your-customer

 LLDC

 Landlocked Developing Country

 LDC

 Least Developed Country

 M

 Million

 MRV

 Monitoring, reporting, verification

 NDC

 Nationally determined contributions

 NPV

 Net present value

 POA

 Programme of Activities

 REDD+

 Reducing Emissions from Deforestation and Forest Degradation

 REDP

 Vietnam Renewable Energy Development Project

 SBTi

 Science-based Targets Initiative

 SDG

 Sustainable Development Goal

 SD-GEO

 Sustainable Development-Global Emissions Offset

 SIDS

 Small Island Developing State

 UNDRIP

 United Nations Declaration on the Rights of Indigenous Peoples

 UNFCCC

 United Nations Framework Convention on Climate Change

 USD

 United States Dollar

 VCM

 Voluntary Carbon Market

 VCS

 Verified Carbon Standard

 VVB

 Validation and verification bodies

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Note/s:

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 PPPLRC at ppp@worldbank.org.