Negotiable credit in the international carbon market originated from clean development mechanism (CDM) projects.
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Carbon credits
Carbon credits
Reductions in greenhouse gas emissions tradable in the international carbon market, measured in avoided tons of carbon dioxide equivalent (tCO2e). Currently, there are two types of assets being traded on the market: (i) emission allowances allocated to an existing...
Designated National Authority
Designated National Authority
Clean Development Mechanism (CDM) projects require domestic monitoring by parties representing the government of the countries involved in the project. Such authority, known as Designated National Authority (DNA), is invested with great responsibility to approve...