Conference June 9 – June 13, 2008

The document below will provide more information on the CARBONplus idea, why it was created and potential areas where this accounting system could be applied.

Please read through the material and provide your feedback regarding the fundamental ideas of the CARBONplus accounting

- used with micro project in developing countries

- based on co-benefit (social, economic and environmental benefits) accounting methodologies

Summary

What is CARBONplus?

CARBONplus is an accounting methodology for micro scale (community based) mitigation projects in developing countrie

CARBONplus intends to quantify the social, environmental, and carbon benefits of micro-scale projects in developing countries, then to market these projects in the carbon trading markets or in other areas.

To assess the full social, economic and environmental benefits of these micro-scale projects CARBONplus will create an accounting framework to quantify both the carbon credits and the additional co-benefits/externalities.

CARBONplus will also consider opportunities beyond those of the current carbon market mechanisms. These include opportunities created by the policies under the current climate negotiation, such as adaptation, commitments for non-Annex I countries under the Kyoto Protocol and the Climate Convention, opportunities for Green Investment Schemes in non-Annex I countries and the Bali Action Plan.

Business Goal:

The ultimate aim of the CARBONplus initiative is to provide significant benefits to poor communities in developing countries in terms of increased capital flows, additional technology transfers and reduced costs of achieving sustainable development objectives.