Glossary

Displaying 1 - 10 of 15 Terms
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  1. Rating Committee

    Body of CRA which reviews, discusses, and assigns ratings on the likelihood of a project delivering on emission reductions.

  2. Rating Scale

    Range of Rating Score from AAA to D, which reflects a project's likelihood of delivering emission reductions relative to project documents.

  3. Rating Score

    Representation of the overall risk of a project, expressed in terms used in other financial markets (AAA through D), assigned by CRA.

  4. Ratings Scan

    Initial CRA opinion on a project based on readily available documents, assessment of the potential to attain registration and to generate emission reductions.

  5. Rationale

    One-page summary of the Diagnostic Report, including the Rating Score assigned by CRA.

  6. REDD (Reduced Emissions from Deforestation and Degradation)

    Project activities that aim to reduce emissions by avoiding deforestation and/or forest degradation.

  7. Reduced emissions from deforestation and degradation (REDD)

    Reducing emissions from deforestation and [land] degradation. Mitigation action that seeks to preserve existing carbon stocks in forests (typically tropical rainforests), peat lands etc. The approach would be additional to project-based efforts such as the CDM. Issues to be solved are permanence, leakage, monitoring and baselines.

  8. Reforestation

    Direct human-induced conversion of non-forested land to forested land through planting, seeding and /or the human-induced promotion of natural seed sources, on land that was forested but that has been converted to non-forested land. For the first commitment period, reforestation activities will be limited to reforestation occurring on those lands that did not contain forest on 31 December 1989.

  9. Regional Greenhouse Allowance (RGA)

    Tradable unit under the Regional Greenhouse Gas Initiative, corresponds to 1 short ton (0.907 metric tonne).

  10. Regional Greenhouse Gas Initiative (RGGI)

    The Regional Greenhouse Gas Initiative (RGGI) is the first mandatory, market-based effort in the United States to reduce greenhouse gas emissions. Ten Northeastern and Mid-Atlantic states will cap and then reduce CO2 emissions from the power sector 10% by 2018.

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