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Ex-ante crediting

Definition

The issuance of credits in expectation of future emission reductions (not eligible under Kyoto).

Source

"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

Alternative definition

The issuance of carbon offsets in expectation of future emission reductions. It is a futures contract for an emission reduction that has been paid for but which has not yet resulted in a carbon reduction.