Carbon Project definition

Carbon Project means, the process of scientific measurement and accurate quantification and documentation of green house gas emission reduction or sequestration from a change in management or methodology or the introduction of new technology to a Carbon Asset selected by ABBG and CS so that Carbon Credits may be created and Traded. The documentation is prepared to accurately disclose this quantification of the Carbon Asset to comply with the requirements of the relevant international standards and allow the verification, accreditation, and registration of the Carbon Asset and the issue of Carbon Credits for Trade during the Term.
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Examples of Carbon Project in a sentence

  • In addition, the Global Carbon Project (GCP) in its report on Carbon Reductions and Offsets11 established underlying principles (or criteria) for carbon offset projects to ensure trading credibility and real atmospheric carbon reductions using the features of Clean Development Mechanism (CDM) as the benchmark.

  • Later as the ▇▇▇▇ Carbon Project proves itself and its ability to produce Carbon Credits without any leakage or permanency reductions this percentage buffer can be reduced.

  • Twenty (20%) of the carbon credits generated by the ▇▇▇▇ Carbon Project will be held by the VCS board in the VCS reserve account and cannot be sold.

  • Subject to performance of existing third-party agreements, independent verification, and approval by the staff of the California Air Resources Board, Green Diamond will implement a carbon offset forest improvement project (the Humboldt Mixed Forest Improvement Project or "Carbon Project") on approximately 33,242 acres of its California Timberlands, a substantial portion of which are located in the Marten Special Management Area (see Attachment 2).

  • Carbon credits produced by the ▇▇▇▇ Carbon Project and sold after 2012 into any post Kyoto “compliance” or cap and trade market will be deposited into whatever buffer or reserve accounts may be required by such market regulations.

  • CS will build a marketing strategy and branding package for each ABBG ▇▇▇▇ Carbon Project, ABBG Carbon Project and ABBG Biodiversity Project.

  • The Carbon Project Gaia is a platform designed for advanced geospatial network and SDI needs.

  • In the event that the Proponent transfers the Carbon Project to a third party, the transferee shall be deemed to have assumed all rights and obligations of the transferor under this Agreement.

  • Midway’s wholly owned subsidiary, Australian Carbon Projects Pty Ltd (ACP) conducts preliminary assessment on the eligibility of land nominated by the Landholder for a Midway Carbon Project.

  • CS will undertake a Leakage and Permanency analysis for the ▇▇▇▇ Carbon Project and recommend the percentage of Carbon Credits to be initially set aside.