CDM in
Ver. 5.0
February 2008
Updated up to the results of the EB37
Yuji MIZUNO
Senior Expert / CDM Programme Leader
Institute for Global Environmental Strategies (IGES)
This document aims to give a comprehensive and easy-to-understand description of the Clean Development
Mechanism (CDM). It should be noted that this document does not replicate in the exact manner all the texts
agreed upon in the international negotiations. Also, there are issues yet to be settled in the international
negotiations regarding detailed interpretations and processes. As for the details and exact expressions in the
agreed texts, please refer to the respective documents available on the website of the United Nations Framework
Convention on Climate Change <http://unfccc.int/>.
Whilst information in this document is believed to be true and accurate at the date of going to press, neither the
author nor publisher can accept any legal responsibility or liability for any errors or omissions that may be made.
For any queries relating to this document, please contact <cdm-info@iges.or.jp>.
Special thanks to Ms. Yukari FUKUI. Cover page designed by Ms. Megumi YAJIMA, IGES
AAU
Assigned Amount Unit
ACM
Approved Consolidated Methodology
AE
Applicant Entity
AMS
Approved small-scales methodologies
CCS
Carbon dioxide Capture and Storage
CEF
Carbon Emission Factor
CPA
CDM programme activity
ER
Emission Reduction
JI
Joint Implementation
AM
Approved Methodology
CPR
Commitment Period Reserve
ERT
Expert Review Team
GHG
Greenhouse Gas
IPCC
Intergovernmental Panel on Climate Change
A/R CDM
Afforestation and Reforestation Project Activities under
the Clean Development Mechanism
AR
Afforestaion and Reforestation
CDM
Clean Development Mechanism
CDM-AP
CDM Accreditation Panel
CER
Certified Emission Reduction
COP
Conference of the Parties (to the UNFCCC)
COP/MOP
the Conference of the Parties serving as the meeting of
the Parties to the Kyoto Protocol
DNA
Designated National Authority
DOE
Designated Operational Entity
EB
CDM Executive Board
EIT
Econo