UNDERSTANDING CARBON CREDITS

"Understanding Carbon Credits" is directed at smaller-scale local partners in Clean Development Mechanism (CDM) projects-small businesses, non-governmental organisations (NGO's) and community based organisations- to empower them to put forward project ideas, particularly ideas with development focus. While large companies generally have the resources and skills to devote to project development, smaller companies and institutions might not.

"Understanding Carbon Credits" bridges the gap between general introductions to the CDM and more technical manuals on project design and GHG assessment. It covers project design only, not implementation, and it points project developers to detailed resources, where appropriate. On monitoring and verification, for example, it summarises monitoring protocols rather than duplicating their detail. Although this book is not everything a project developer needs to design and report on a CDM project, it does provide a comprehensive overview of how to get there.

The international negotiations on the CDM are in constant flux, as are the needs of project developers. This book should therefore be seen as a work in progress.