A phase in the certification process of a CDM or JI (Voluntary) project when permits are issued on the basis of calculated emissions reductions, verified by an accredited third party.
"Glossary", Eco securities Limited. "Challenges for a business case for high-biodiversity REDD Projects and Schemes."- A Report for the Secretariat of the CBD, February 2009, Version1.2 http://www.illegallogging.info/uploads/ecosecurities REDD.pdf
The processes, systems, procedures and activities related to standard setting, accreditation and implementation of certification, including the labelling of practices, operations and products.
(Adapted from Bangkok Workshop Report) ; Technical Consultation on the Technical Guidelines on Aquaculture Certification, FAO, February 2010; (FI-806) (TC-AC/2010).