Baseline

The baseline of a project is the scenario that represents the level of anthropogenic emissions/removals of CO₂ equivalent that would occur in the absence of the proposed project activity. It serves as a basis for both verification of additionality and quantification of certified emissions eeductions (CERs) arising from clean development mechanism (CDM) project activities.

The certified emissions reductions will be calculated precisely by the difference between baseline emissions and emissions verified as a result of CDM project activities, including leakage. The baseline is qualified and quantified based on a business-as-usual scenario.

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Externality

The fact of existing outside the perceiving subject. This economic phenomenon can be categorized as positive or negative when, in the price of the good placed on the market, the social gains and losses resulting from its production or consumption, respectively, are...

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...

Agroforestry systems

Forms of land-use and land-management, in which trees or shrubs are used together with crop and/or animals in the same area, simultaneously or in a sequence of time. They must include at least one tree or shrub forest species, which can be combined with one or more...