Project Credit Contract

IETA, with its members, has been working on the development of a CDM Emission Reduction Purchase Agreement (ERPA) which is specially developed for contract parties that directly want to deal between project developer and buyer.  The contract outlines in detail the various steps of the process of getting the project idea approved by a Validator and the CDM Executive Board to the actual deliverance of Emission Reductions and consequent issuance of Certified Emission Reductions (CERs) by the CDM Executive Board.

IETA encorages the use of the CDM contract by all interested parties. Should you have any questions or comments on the contract, please do not hesitate to contact the CDM Coordinator of IETA Edwin Aalders.

IETA - CDM Emission Reduction Purchase Agreement v2
307kB - 2004-08-23 - CDM Contract Working Group (doc)