Definitions for "Certified Emission Reductions"
The credits issued for emission reductions or sink enhancements by a project under the Clean Development Mechanism (CDM). CERs can be used by an Annex I Party to help meet its commitment under the Kyoto Protocol. Each CER allows emissions of 1 metric tonne of CO2 equivalent. See Kyoto Compliance Units.
Verified and authenticated units of greenhouse gas reductions from abatement or sequestration projects that are certified by the Clean Development Mechanism.
Reductions of greenhouse gases achieved by a Clean Development Mechanism (CDM) project – also referred to as CDM credits. CERs can be sold or counted towards industrialized countries’ reduction commitments. Reductions must be additional to any that would otherwise occur.