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Glossary

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  1. Conference of the Parties (COP)

    The Conference of the Parties (COP) is the supreme body of the United Nations Framework Convention on Climate Change (UNFCCC). Its role is to oversee and review the implementation of the Convention at annual meetings and to negotiate new commitments.

  2. Corrective Action Request (CAR)

    A Corrective Action Request (CAR) is a request raised by the DOE during validation when there has been a mistake, the CDM requirements have not been met or there is a risk the emissions cannot be monitored or calculated.

  3. Countries with economies in transition (EIT)

    Those Central and East European countries and former republics of Soviet Union that are in transition to a market economy

  4. CPRS

    see Carbon Pollution Reduction Scheme

  5. CRA Rating

    In-depth analysis of the likely delivery performance of an emission reduction project based on the information provided to CRA. The risk is summarised by a Rating Score and the Risk Web.

  6. Credit Limit

    Limit on the use of CERs/ERUs for compliance by the companies under the EU ETS or other cap-and-trade systems. In the EU ETS, it is expressed as a maximum share of the total allocation.

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