Code of Best Practice - ICROA

code of best Practice Technical Specifi Box 65622 LondonNIP of best Practice Technical Specifi cationPage 2 of 12 Glossary of TermsCarbon credit: A tradable, non-tangible instrument representing a unit of carbon dioxide-equivalent (CO2e) typically one tonne - that is reduced, avoided or sequestered by a project and is certifi ed/verifi ed to an internatio-nally recognised carbon accounting standard. ICROA Executive Committee: The group of senior representatives from each ICROA member empowered by the ICROA Secre-tariat to make and implement major organizational decisions for members: Entities listed under the Who We Are section of the ICROA Programme and Policy Framework. ICROA Secretariat: The administrative arm of the International Emissi-ons Trading Association responsible for the day-to-day operation of : The Practice of compensating for greenhouse gas emissions by retiring carbon : To permanently remove carbon credits from circulati-on through the use of a 3rd party of best Practice Technical Specifi cationPage 3 of 12 Introduction1.

Code of Best Practice Technical Specifi cation Page 2 of 12 Glossary of Terms Carbon credit: A tradable, non-tangible instrument representing a

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