Corresponding Adjustment definition

Corresponding Adjustment means the accounting adjustment that both Sweden and the Dominican Republic are required to make for all Mitigation Outcomes transferred internationally as ITMOs to ensure that double counting is avoided in accordance with Article 6.2 of the Paris Agreement, paragraph 36 of decision 1/CP.21.
Corresponding Adjustment means a downward adjustment to a company’s taxable profits made by the tax administration in a second jurisdiction as a consequence of a primary adjustment made by the tax administration in a first jurisdiction, so that the allocation of profits by the two jurisdictions is consistent;
Corresponding Adjustment or “CA” means to account for the Authorized Transfer of ITMO-VERs in accordance with International Rules including paragraph 36 of decision 1/CP.21 and decision 2/CMA.3;

Examples of Corresponding Adjustment in a sentence

  • As a result, the Host Government would need to take Corresponding Adjustment in the NDC target year in its NDC accounting and reporting in order to avoid double counting and safeguard environmental integrity.

  • A6.4 Emission Reductions (A6.4 ER) is the commodity that is traded under this sub article.Credits traded under Article 6.2 & 6.4 are subjected to the Corresponding Adjustment (CA) and its exports need approval from host party where Project is located i.e. Govt.

  • This uncertainty has been addressed in the Paris Agreement (Article 6) by requiring a Corresponding Adjustment of national inventories for any Internationally Transferred Mitigation Outcomes (ITMOs).

  • Detailed analysis on corresponding adjustment can be found in the TCAF Discussion Paper: Corresponding Adjustment.

  • The Department of Health will review and regulate the licensed home care agency.

  • It is inevitable (for example due to CORSIA and Article 6) that carbon markets will begin to differentiate between credits with Corresponding Adjustment and those without.

  • These articles cover following BEPS Action Report: iv) Improving Dispute Resolution (and Corresponding Adjustment as in Article 9(2) of OECD MC) (Action 14).

  • Client sourced containers got an average rating of 4.5, but only two clients who used this method were interviewed.

  • Calculating carbon credits from these activities and using them to meet voluntary corporate climate targets, would therefore be unlikely to need a Corresponding Adjustment to provide an additional level of reassurance.

  • A panelphysician, civil surgeon, or other physician designated by the Director to perform medical examinations of aliens.


More Definitions of Corresponding Adjustment

Corresponding Adjustment. Means Corresponding Adjustment set forth in Article 20 of the Bylaws.
Corresponding Adjustment means an adjustment made to a Party’s National Greenhouse Gas Inventory when a transfer of a mitigation outcome is made internationally to be counted towards another Party’s Nationally Determined Contribution or other mitigation pledge;
Corresponding Adjustment means any adjustment by the Government of Malaysia to its national GHG inventory, as reported in its Nationally Determined Contribution, to reflect the international transfer of carbon credit units generated in Malaysia to a recipient located in a jurisdiction outside of Malaysia pursuant to and in accordance with these Rules, and in accordance with the Paris Agreement;

Related to Corresponding Adjustment

  • Closing Adjustment Amount shall have the meaning set forth in Section 2.3(c).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to (A) the Closing Net Working Capital as finally determined pursuant to this Section 2.5 minus the Estimated Net Working Capital, plus (B) Estimated Indebtedness minus Closing Indebtedness as finally determined pursuant to this Section 2.5, plus (C) Closing Cash as finally determined pursuant to this Section 2.5 minus Estimated Cash, plus (D) Estimated Transaction Expenses minus Closing Transaction Expenses as finally determined pursuant to this Section 2.5;

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Cost of Living Adjustment means the percentage (if any) by which the Consumer Price Index for the month of October preceding the adjustment ex- ceeds the Consumer Price Index for the month of October one year before the month of October preceding date of the adjustment.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • SOFR Adjustment means 0.10% (10 basis points).