Lifecycle
PINN / PRE-PINN
The Concept of a carbon offset project is outlined using the 'Project Idea Note' (PIN) document. The PIN contains the most important information about the project and a rough estimate of the emission reductions.
PDD
The PDD (Project Design Document) contains a range of information about the project, including the number of carbon credits expected over a specific time period. Emission reductions are compared to a reference scenario and are calculated accordingly.
Validation
The PDD needs to be checked and validated by an independent institution. During this process, the calculations of emission reductions, additionality and the monitoring plan are assessed.
Verification
Following successful validation, the project developer makes an application for registration of the project. A third party auditing executive board approves the registration.
Delivery
The carbon credits will be issued directly from the Process Accreditors upon completion. Purchasers then have a number of exit strategies available to them. They may wish to sell straight into the market at full certification value, they may wish to retire for offsetting purposes or simply hold on to them and take advantage of potential further increase in value.
Carbon Capital "because nature doesn't do bail outs"
SINGAPORE wants a piece of the growing multi billion-dollar pie that
is the market for carbon trading, as some 189 countries under the Kyoto
Protocol rush to meet their targets to reduce greenhouse gas emissions by 2012.