Project Crediting
Definition
Project crediting involves the issuing of credits to an emissions reduction project, e.g. a CDM project.
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, Version 1.2http://www.illegallogging.info/uploads/ecosecurities REDD.pdf
Alternative definition
The issuance of carbon credits to a project participant or developer resulting from the successful reduction of greenhouse gas emissions or increase in removals relative to a set baseline that have been verified and certified under the regulations of a particular carbon standard certification scheme.
Alternative source