Host Country
Definition
A country where a JI or CDM (or REDD) project is physically located. A project has to be approved by host country to receive CERs, ERUs or VCUs.
Source
"Glossary", Eco securities Limited. "Challenges for a business case for high-biodiversity REDD Projects and Schemes."- A Report for the Secretariat of the CBD, February 2009, Version1.2 http://www.illegallogging.info/uploads/ecosecurities REDD.pdf