Decision 13/CMP.1
Modalities for the accounting of assigned amounts under
The Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol,
Recalling Article 7, paragraph 4, of the Kyoto Protocol,
Recalling decision 19/CP.7,
Being aware of its decisions 2/CMP.1, 3/CMP.1, 9/CMP.1, 11/CMP.1, 15/CMP.1, 16/CMP.1,
19/CMP.1, 20/CMP.1, and 22/CMP.1 and decision 24/CP.7,
1. Adopts the modalities for the accounting of assigned amounts under Article 7,
paragraph 4, of the Kyoto Protocol, as contained in the annex to the present decision;
2. Decides that each Party included in Annex I with a commitment inscribed in Annex B
shall submit to the secretariat, prior to 1 January 2007 or one year after the entry into force of the Kyoto
Protocol for that Party, whichever is later, the report referred to in paragraph 6 of the annex to the present
decision. After completion of the initial review under Article 8 and resolution of any question of
implementation relating to adjustments under Article 5, paragraph 2, or its assigned amount pursuant to
Article 3, paragraphs 7 and 8, the assigned amount pursuant to Article 3, paragraphs 7 and 8, of each
Party shall be recorded in the database for the compilation and accounting of emissions and assigned
amounts referred to in paragraph 50 of the annex to the present decision and shall remain fixed for the
commitment period;
3. Decides that each Party included in Annex I with a commitment inscribed in Annex B
shall submit to the secretariat, upon expiration of the additional period for fulfilling commitments, the
report referred to in paragraph 49 of the annex to the present decision;
4. Requests the secretariat to begin publishing the annual compilation and accounting
reports referred to in paragraph 61 of the annex to the present decision after completion of the initial
review under Article 8 and resolution of any question of implementation relating to adjustments under
Article 5, paragraph 2, or its assigned amount pursuant to Article 3, paragraphs 7 and 8, and to forward
them to the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol, the
Compliance Committee and each Party concerned;
5. Requests the secretariat to publish, after the additional period for fulfilling commitments,
the final compilation and accounting reports referred to in paragraph 62 of the annex to the present
decision and forward them to the Conference of the Parties serving as the meeting of the Parties to the
Kyoto Protocol, the Compliance Committee and each Party concerned.
ANNEX
Article 7, paragraph 4, of the Kyoto Protocol
I. Modalities
1. An “emission reduction unit” or “ERU” is a unit issued pursuant to the relevant provisions in
these modalities for the accounting of assigned amounts and is equal to one metric tonne of carbon
dioxide equivalent, calculated using global warming potentials defined by decision 2/CP.3 or as
subsequently revised in accordance with Article 5.
2. A “certified emission reduction” or “CER” is a unit issued pursuant to Article 12 and
requirements thereunder, as well as the relevant provisions in the annex to decision 3/CMP.1, and is
equal to one metric tonne of carbon dioxide equivalent, calculated using global warming potentials
defined by decision 2/CP.3 or as subsequently revised in accordance with Article 5.
3. An “assigned amount unit” or “AAU” is a unit issued pursuant to the relevant provisions in these
modalities for the accounting of assigned amounts and is equal to one metric tonne of carbon dioxide
equivalent, calculated using global warming potentials defined by decision 2/CP.3 or as subsequently
revised in accordance with Article 5.
4. A “removal unit” or “RMU” is a unit issued pursuant to the relevant provisions in these
modalities for the accounting of assigned amounts and is equal to one metric tonne of carbon dioxide
equivalent, calculated using global warming potentials defined by decision 2/CP.3 or as subsequently
revised in accordance with Article 5.
5. The assigned amount pursuant to Article 3, paragraphs 7 and 8, for the first commitment period,
from 2008 to 2012, for each Party included in Annex I with a commitment inscribed in Annex B to the
Kyoto Protocol2 shall be equal to the percentage inscribed for it in Annex B of its aggregate
anthropogenic carbon dioxide equivalent emissions of the greenhouse gases, and from the sources, listed
in Annex A to the Kyoto Protocol in the base year, multiplied by five, taking into account the following:
(a) The base year shall be 1990 except for those Parties undergoing the process of transition
to a market economy that have selected a historical base year or period other than 1990,
in accordance with Article 3, paragraph 5, and for those Parties that have selected 1995
as the base year for total emissions of hydrofluorocarbons, perfluorocarbons and sulphur
hexafluoride, in accordance with Article 3, paragraph 8
(b) Those Parties for which land-use change and forestry (all emissions by sources and
removals by sinks under category 5 of the Revised 1996 IPCC Guidelines for National
Greenhouse Gas Inventories) constituted a net source of greenhouse gas emissions in the
base year or period shall include in their emissions during that year or period the
aggregate anthropogenic carbon dioxide equivalent emissions by sources minus removals
by sinks in that year or period from land-use change (all emissions by sources minus
removals by sinks reported in relation to the conversion of forests (deforestation))
(c) Those Parties that have reached an agreement in accordance with Article 4 to fulfil their
commitments under Article 3 jointly shall use the respective emission level allocated to
each of the Parties in that agreement instead of the percentage inscribed for it in Annex B.
6. Each Party included in Annex I shall facilitate the calculation of its assigned amount pursuant to
Article 3, paragraphs 7 and 8, for the commitment period and demonstrate its capacity to account for its
emissions and assigned amount. To this end, each Party shall submit a report, in two parts, containing
the information specified in paragraphs 7 and 8 below.
7. Part one of the report referred to in paragraph 6 above shall contain the following information, or
references to such information where it has been previously submitted to the secretariat:
(a) Complete inventories of anthropogenic emissions by sources and removals by sinks of
greenhouse gases not controlled by the Montreal Protocol for all years from 1990, or
another approved base year or period under Article 3, paragraph 5, to the most recent
year available, prepared in accordance with Article 5, paragraph 2, and relevant decisions
of the Conference of the Parties serving as the meeting of the Parties to the
Kyoto Protocol (COP/MOP), taking into account any relevant decisions of the
Conference of the Parties
(b) Identification of its selected base year for hydrofluorocarbons, perfluorocarbons and
sulphur hexafluoride in accordance with Article 3, paragraph 8
(c) The agreement under Article 4, where the Party has reached such an agreement to fulfil
its commitments under Article 3 jointly with other Parties
(d) Calculation of its assigned amount pursuant to Article 3, paragraphs 7 and 8, on the basis
of its inventory of anthropogenic emissions by sources and removals by sinks of
greenhouse gases not controlled by the Montreal Protocol.
8. Part two of the report referred to in paragraph 6 above shall contain the following information, or
references to such information where it has been previously submitted to the secretariat:
(a) Calculation of its commitment period reserve in accordance with decision 11/CMP.1
(b) Identification of its selection of single minimum values for tree crown cover, land area
and tree height for use in accounting for its activities under Article 3, paragraphs 3 and 4,
together with a justification of the consistency of those values with the information that
has been historically reported to the Food and Agriculture Organization of the United
Nations or other international bodies, and in the case of difference, an explanation of
why and how such values were chosen, in accordance with decision 16/CMP.1
(c) Identification of its election of activities under Article 3, paragraph 4, for inclusion in its
accounting for the first commitment period, together with information on how its
national system under Article 5, paragraph 1, will identify land areas associated with the
activities, in accordance with decision 16/CMP.1
(d) Identification of whether, for each activity under Article 3, paragraphs 3 and 4, it intends
to account annually or for the entire commitment period
(e) A description of its national system in accordance with Article 5, paragraph 1, reported
in accordance with the guidelines for the preparation of the information required under
Article 7 of the Kyoto Protocol
(f) A description of its national registry, reported in accordance with the guidelines for the
preparation of the information required under Article 7 of the Kyoto Protocol.
C. Recording of the assigned amounts pursuant to Article 3, paragraphs 7 and 8
9. After initial review under Article 8 and resolution of any questions of implementation relating to
adjustments or the calculation of its assigned amount pursuant to Article 3, paragraphs 7 and 8, the
assigned amount pursuant to Article 3, paragraphs 7 and 8, of each Party shall be recorded in the
database for the compilation and accounting of emissions and assigned amounts referred to in
paragraph 50 below.
10. Once recorded in the compilation and accounting database referred to in paragraph 50 below, the
assigned amount pursuant to Article 3, paragraphs 7 and 8, of each Party shall remain fixed for the
commitment period.
D. Additions to, and subtractions from, the assigned amounts pursuant to Article 3,
paragraphs 7 and 8, for the accounting of the compliance assessment
11. At the end of the additional period for fulfilling commitments, the following additions to the
assigned amount pursuant to Article 3, paragraphs 7 and 8, of a Party shall be made in accordance with
Article 3, paragraphs 3, 4, 10, 12 and 13, for the accounting of the compliance assessment for the
commitment period:
(a) Acquisitions by the Party of ERUs in accordance with Articles 6 and 17
(b) Net acquisitions by the Party of CERs, where it acquires more CERs in accordance with
Articles 12 and 17 than it transfers in accordance with Article 17
(c) Acquisitions by the Party of AAUs in accordance with Article 17
(d) Acquisitions by the Party of RMUs in accordance with Article 17
(e) Issuance by the Party of RMUs on the basis of its activities under Article 3, paragraph 3,
and its elected activities under Article 3, paragraph 4, where such activities result in a net
removal of greenhouse gases, as reported in accordance with Article 7, reviewed in
accordance with Article 8, taking into account any adjustments applied under Article 5,
paragraph 2, accounted in accordance with decision 16/CMP.1 and subject to any
question of implementation relating to those activities having been resolved
(f) Carry-over by the Party of ERUs, CERs and/or AAUs from the previous commitment
period, in accordance with paragraph 15 below.
12. At the end of the additional period for fulfilling commitments, the following subtractions from
the assigned amount pursuant to Article 3, paragraphs 7 and 8, of a Party shall be made in accordance
with Article 3, paragraphs 3, 4 and 11, for the accounting of the compliance assessment for the
commitment period:
(a) Transfers by the Party of ERUs in accordance with Articles 6 and 17
(b) Transfers by the Party of AAUs in accordance with Article 17
(c) Transfers by the Party of RMUs in accordance with Article 17
(d) Cancellation by the Party of ERUs, CERs, AAUs and/or RMUs on the basis of its
activities under Article 3, paragraph 3, and its elected activities under Article 3,
paragraph 4, where such activities result in a net source of greenhouse gas emissions, as
reported in accordance with Article 7, reviewed in accordance with Article 8, taking into
account any adjustments applied under Article 5, paragraph 2, and accounted in
accordance with decision 16/CMP.1
(e) Cancellation by the Party of ERUs, CERs, AAUs and/or RMUs following determination
by the Compliance Committee that the Party was not in compliance with its commitment
under Article 3, paragraph 1, for the previous commitment period, in accordance with
decision 24/CP.7
(f) Other cancellations by the Party of ERUs, CERs, AAUs and/or RMUs.
13. Each Party included in Annex I shall retire ERUs, CERs, AAUs and/or RMUs for the purpose of
demonstrating its compliance with its commitment under Article 3, paragraph 1.
14. The assessment, after the expiration of the additional period for fulfilling commitments, of the
compliance of a Party included in Annex I with its commitment under Article 3, paragraph 1, shall be
based on the comparison of the quantity of ERUs, CERs, AAUs and/or RMUs, valid for the commitment
period in question, retired by the Party in accordance with paragraph 13 above, with its aggregate
anthropogenic carbon dioxide equivalent emissions of the greenhouse gases, and from the sources, listed
in Annex A to the Kyoto Protocol during the commitment period as reported in accordance with Article 7
and reviewed in accordance with Article 8, taking into account any adjustments in accordance with
Article 5, paragraph 2, as recorded in the compilation and accounting database referred to in
paragraph 50 below.
15. After expiration of the additional period for fulfilling commitments and where the final
compilation and accounting report referred to in paragraph 62 below indicates that the quantity of ERUs,
CERs, AAUs and/or RMUs retired by the Party in accordance with paragraph 13 above is at least
equivalent to its anthropogenic carbon dioxide equivalent emissions of the greenhouse gases, and from
the sources, listed in Annex A to the Kyoto Protocol for that commitment period, the Party may carry
over to the subsequent commitment period:
(a) Any ERUs held in its national registry, which have not been converted from RMUs and
have not been retired for that commitment period or cancelled, to a maximum of 2.5 per
cent of the assigned amount pursuant to Article 3, paragraphs 7 and 8, of that Party
(b) Any CERs held in its national registry, which have not been retired for that commitment
period or cancelled, to a maximum of 2.5 per cent of the assigned amount pursuant to
Article 3, paragraphs 7 and 8, of that Party
(c) Any AAUs held in its national registry, which have not been retired for that commitment
period or cancelled.
16. RMUs may not be carried over to the subsequent commitment period.
II. Registry requirements
A. National registries
17. Each Party included in Annex I shall establish and maintain a national registry to ensure the
accurate accounting of the issuance, holding, transfer, acquisition, cancellation and retirement of ERUs,
CERs, AAUs and RMUs and the carry-over of ERUs, CERs and AAUs.
18. Each Party shall designate an organization as its registry administrator to maintain the national
registry of that Party. Any two or more Parties may voluntarily maintain their respective national
registries in a consolidated system, provided that each national registry remains distinct.
19. A national registry shall be in the form of a standardized electronic database which contains,
inter alia, common data elements relevant to the issuance, holding, transfer, acquisition, cancellation and
retirement of ERUs, CERs, AAUs and RMUs and the carry-over of ERUs, CERs and AAUs. The
structure and data formats of national registries shall conform to technical standards to be adopted by the
COP/MOP for the purpose of ensuring the accurate, transparent and efficient exchange of data between
national registries, the clean development mechanism (CDM) registry and the international transaction
log.
20. Each ERU, CER, AAU and RMU shall be held in only one account in one registry at a given
time.
21. Each national registry shall have the following accounts:
(a) At least one holding account for the Party
(b) At least one holding account for each legal entity authorized by the Party to hold ERUs,
CERs, AAUs and/or RMUs under its responsibility
(c) At least one cancellation account for each commitment period for the purposes of
cancelling ERUs, CERs, AAUs and/or RMUs under paragraph 12 (d) above
(d) One cancellation account for each commitment period for the purposes of cancelling
ERUs, CERs, AAUs and/or RMUs under paragraph 12 (e) above
(e) At least one cancellation account for each commitment period for the purposes of
cancelling ERUs, CERs, AAUs and/or RMUs under paragraph 12 (f) above
(f) One retirement account for each commitment period.
22. Each account within a national registry shall have a unique account number comprising the
following elements:
(a) Party identifier: the Party in whose national registry the account is maintained, identified
by means of the two-letter country code defined by the International Organization for
Standardization (ISO 3166)
(b) A unique number: a number unique to that account for the Party in whose national
registry the account is maintained.
23. Each Party included in Annex I shall, prior to any transactions taking place for that commitment
period, issue a quantity of AAUs equivalent to its assigned amount pursuant to Article 3, paragraphs 7
and 8, calculated and recorded in accordance with paragraphs 5 to 10 above, in its national registry.
24. Each AAU shall have a unique serial number comprising the following elements:
(a) Commitment period: the commitment period for which the AAU is issued
(b) Party of origin: the Party issuing the AAU, identified by means of the two-letter country
code defined by ISO 3166
(c) Type: an element identifying the unit as an AAU
(d) Unit: a number unique to the AAU for the identified commitment period and Party of
origin.
25. Each Party included in Annex I shall issue in its national registry RMUs equivalent to the net
removals of anthropogenic greenhouse gases resulting from its activities under Article 3, paragraph 3,
and its elected activities under Article 3, paragraph 4, accounted in accordance with decision 16/CMP.1
as reported under Article 7, paragraph 1, following completion of the review in accordance with
Article 8, taking into account any adjustments applied in accordance with Article 5, paragraph 2, and
resolution of any questions of implementation relating to the reported net removals of anthropogenic
greenhouse gases. Each Party shall elect for each activity, prior to the start of the commitment period, to
issue such RMUs annually or for the entire commitment period. The decision of a Party shall remain
fixed for the first commitment period.
26. Where a question of implementation is identified by an expert review team under Article 8 in
relation to the calculation of the net removals of greenhouse gases from the activities of a Party under
Article 3, paragraph 3 or 4, or where adjustments exceed thresholds to be decided according to
paragraph 2 of decision 22/CP.7, the Party shall not issue the RMUs relating to the reported net removals
of anthropogenic greenhouse gases for each activity under Article 3, paragraph 3, and for each elected
activity under Article 3, paragraph 4, until the question of implementation is resolved.
27. Each RMU shall have a unique serial number comprising the following elements:
(a) Commitment period: the commitment period for which the RMU is issued
(b) Party of origin: the Party included in Annex I issuing the RMU, identified by means of
the two-letter country code defined by ISO 3166
(c) Type: an element identifying the unit as an RMU
(d) Activity: the type of activity for which the RMU was issued
(e) Unit: a number unique to the RMU for the identified commitment period and Party of
origin.
28. Each Party included in Annex I shall ensure that the total quantity of RMUs issued into its
registry pursuant to Article 3, paragraph 4, for the commitment period does not exceed the limits
established for that Party as set out in decision 16/CMP.1.
29. Prior to their transfer, each Party shall issue ERUs into its national registry by converting AAUs
or RMUs previously issued by that Party and held in its national registry. An AAU or RMU shall be
converted into an ERU by adding a project identifier to the serial number and changing the type indicator
in the serial number to indicate an ERU. Other elements of the serial number of the AAU or RMU shall
remain unchanged. The project identifier shall identify the specific Article 6 project for which the ERU
is issued, using a number unique to the project for the Party of origin, including whether the relevant
reductions in anthropogenic emissions by sources or enhancements of anthropogenic removals by sinks
were verified under the Article 6 Supervisory Committee.
30. ERUs, CERs, AAUs and RMUs may be transferred between registries in accordance with
decisions 3/CMP.1, 9/CMP.1, 11/CMP.1 and 16/CMP.1, and may be transferred within registries.
31. Each Party included in Annex I shall ensure that its net acquisitions of CERs from afforestation
and reforestation activities under Article 12 for the first commitment period do not exceed the limits
established for that Party as set out in decision 16/CMP.1.
32. Each Party included in Annex I shall cancel CERs, ERUs, AAUs and/or RMUs equivalent to the
net emissions of anthropogenic greenhouse gases resulting from its activities under Article 3,
paragraph 3, and its elected activities under Article 3, paragraph 4, accounted in accordance with
decision 16/CMP.1 as reported under Article 7, paragraph 1, following completion of the review in
accordance with Article 8, taking into account any adjustments applied in accordance with Article 5,
paragraph 2, and resolution of any questions of implementation relating to the reported net emissions of
anthropogenic greenhouse gases, in accordance with paragraph 12 (d) above, by transferring the ERUs,
CERs, AAUs and/or RMUs to the appropriate cancellation account in its national registry. Each Party
shall cancel ERUs, CERs, AAUs and/or RMUs for each activity for the same period for which it has
elected to issue RMUs for that activity.
33. Each Party included in Annex I may cancel ERUs, CERs, AAUs and/or RMUs so they cannot be
used in fulfilment of commitments under Article 3, paragraph 1, in accordance with paragraph 12 (f)
above, by transferring ERUs, CERs, AAUs and/or RMUs to a cancellation account in its national
registry. Legal entities, where authorized by the Party, may also transfer ERUs, CERs, AAUs and RMUs
into a cancellation account.
34. Prior to the end of the additional period for fulfilling commitments, each Party included in
Annex I shall retire ERUs, CERs, AAUs and/or RMUs valid for that commitment period for use towards
meeting its commitments under Article 3, paragraph 1, in accordance with paragraph 13 above, by
transferring ERUs, CERs, AAUs and/or RMUs to the retirement account for that commitment period in
its national registry.
35. ERUs, CERs, AAUs and RMUs transferred to cancellation accounts or the retirement account for
a commitment period may not be further transferred or carried over to the subsequent commitment
period. ERUs, CERs, AAUs and RMUs transferred to cancellation accounts may not be used for the
purpose of demonstrating the compliance of a Party with its commitment under Article 3, paragraph 1.
36. Each Party included in Annex I may carry over ERUs, CERs and/or AAUs held in its registry,
that have not been cancelled or retired for a commitment period, to the subsequent commitment period in
accordance with paragraph 15 above. Each ERU, CER and/or AAU carried over in this manner shall
maintain its original serial number and shall be valid in the subsequent commitment period. ERUs,
CERs, AAUs and RMUs of a previous commitment period held in the registry of a Party which have not
been carried over in this manner shall be cancelled in accordance with paragraph 12 (f) above once the
additional period for fulfilling commitments has ended.
37. Where the Compliance Committee determines that the Party is not in compliance with its
commitment under Article 3, paragraph 1, for a commitment period, the Party shall transfer the quantity
of ERUs, CERs, AAUs and/or RMUs calculated in accordance with decision 24/CP.7 into the relevant
cancellation account, in accordance with paragraph 12 (e) above.
38. The secretariat shall establish and maintain an international transaction log to verify the validity
of transactions, including issuance, transfer and acquisition between registries, cancellation and
retirement of ERUs, CERs, AAUs and RMUs and the carry-over of ERUs, CERs and AAUs.
39. A Party included in Annex I shall initiate issuance of AAUs or RMUs by directing its national
registry to issue AAUs or RMUs into a specific account within that registry. The Executive Board of the
CDM shall initiate issuance of CERs by directing the CDM registry to issue CERs into its pending
account in accordance with the requirements in Article 12 and requirements thereunder, as well as the
relevant provisions in the annex to decision 3/CMP.1. A Party included in Annex I shall initiate issuance
of ERUs by directing its national registry to convert specified AAUs or RMUs into ERUs within an
account of that national registry. Subject to notification by the transaction log that there are no
discrepancies pertaining to the issuance, the issuance shall be completed when specific ERUs, CERs,
AAUs or RMUs are recorded in the specified account and, in the case of ERUs, the specified AAUs or
RMUs are removed from the account.
40. A Party included in Annex I shall initiate any transfer of ERUs, CERs, AAUs or RMUs,
including those to cancellation and retirement accounts, by directing its national registry to transfer
specified ERUs, CERs, AAUs or RMUs to a specific account within that registry or another registry.
The Executive Board of the CDM shall initiate any transfer of CERs held in the CDM registry by
directing it to transfer specified CERs to a specific account within that registry or another registry.
Subject to notification by the transaction log, where applicable, that there are no discrepancies pertaining
to the transfer, the transfer shall be completed when the specified ERUs, CERs, AAUs or RMUs are
removed from the transferring account and are recorded in the acquiring account.
41. Upon the initiation of any issuance, transfer between registries, cancellation or retirement of
ERUs, CERs, AAUs or RMUs, and prior to the completion of those transactions:
(a) The initiating registry shall create a unique transaction number comprising: the
commitment period for which the transaction is proposed; the Party identifier for the
Party initiating the transaction (using the two-letter country code defined by ISO 3166);
and a number unique to that transaction for the commitment period and initiating Party;
(b) The initiating registry shall send a record of the proposed transaction to the transaction
log and, in the case of transfers to another registry, to the acquiring national registry.
The record shall include: the transaction number; the transaction type (issuance, transfer,
cancellation or retirement, further distinguished in accordance with the categories in
paragraphs 11 and 12 above); the serial numbers of the relevant ERUs, CERs, AAUs or
RMUs; and the relevant account numbers.
42. Upon receipt of the record, the transaction log shall conduct an automated check to verify that
there is no discrepancy, with regard to:
(a) In all transactions: units previously retired or cancelled; units existing in more than one
registry; units for which a previously identified discrepancy has not been resolved; units
improperly carried over; units improperly issued, including those which infringe upon
the limits contained in decision 16/CMP.1; and the authorization of legal entities
involved to participate in the transaction;
(b) In the case of transfers between registries: the eligibility of Parties involved in the
transaction to participate in the mechanisms; and infringement upon the commitment
period reserve of the transferring Party;
(c) In the case of acquisitions of CERs from land use, land-use change and forestry projects
under Article 12: infringement of the limits contained in decision 16/CMP.1;
(d) In the case of a retirement of CERs: the eligibility of the Party involved to use CERs to
contribute to its compliance under Article 3, paragraph 1.
43. Upon completion of the automated check, the transaction log shall notify the initiating and, in the
case of transfers to another registry, the acquiring registry of the results of the automated check.
Depending on the outcome of the check, the following procedures shall apply:
(a) If a discrepancy is notified by the transaction log, the initiating registry shall terminate
the transaction, notify the transaction log and, in the case of transfers to another registry,
the acquiring registry of the termination. The transaction log shall forward a record of
the discrepancy to the secretariat for consideration as part of the review process for the
relevant Party or Parties under Article 8
(b) In the event of a failure by the initiating registry to terminate the transaction, the ERUs,
CERs, AAUs or RMUs involved in the transaction shall not be valid for use towards
compliance with commitments under Article 3, paragraph 1, until the problem has been
corrected and any questions of implementation pertaining to the transaction have been
resolved. Upon resolution of a question of implementation pertaining to a Party’s
transactions, that Party shall perform any necessary corrective action within 30 days
(c) If no discrepancy is notified by the transaction log, the initiating registry and, in the case
of transfers to another registry, the acquiring registry shall complete or terminate the
transaction and send the record and a notification of completion or termination of the
transaction to the transaction log. In the case of transfers to another registry, the
initiating and acquiring registries shall also send their records and notifications to each
other
(d) The transaction log shall record, and make publicly available, all transaction records and
the date and time of completion of each transaction, to facilitate its automated checks and
the review under Article 8.
44. Each national registry shall make non-confidential information publicly available and provide a
publicly accessible user interface through the Internet that allows interested persons to query and view it.
45. The information referred to in paragraph 44 above shall include up-to-date information for each
account number in that registry on the following:
(a) Account name: the holder of the account
(b) Account type: the type of account (holding, cancellation or retirement)
(c) Commitment period: the commitment period with which a cancellation or retirement
account is associated
(d) Representative identifier: the representative of the account holder, using the Party
identifier (the two-letter country code defined by ISO 3166) and a number unique to that
representative within the Party’s registry
(e) Representative name and contact information: the full name, mailing address, telephone
number, facsimile number and e-mail address of the representative of the account holder.
46. The information referred to in paragraph 44 above shall include the following Article 6 project
information, for each project identifier against which the Party has issued ERUs:
(a) Project name: a unique name for the project
(b) Project location: the Party and town or region in which the project is located
(c) Years of ERU issuance: the years in which ERUs have been issued as a result of the
Article 6 project
(d) Reports: downloadable electronic versions of all publicly available documentation
relating to the project, including proposals, monitoring, verification and issuance of
ERUs, where relevant, subject to the confidentiality provisions in decision 9/CMP.1.
47. The information referred to in paragraph 44 above shall include the following holding and
transaction information relevant to the national registry, by serial number, for each calendar year (defined
according to Greenwich Mean Time):
(a) The total quantity of ERUs, CERs, AAUs and RMUs in each account at the beginning of
the year
(b) The total quantity of AAUs issued on the basis of the assigned amount pursuant to
Article 3, paragraphs 7 and 8
(c) The total quantity of ERUs issued on the basis of Article 6 projects
(d) The total quantity of ERUs, CERs, AAUs and RMUs acquired from other registries and
the identity of the transferring accounts and registries
(e) The total quantity of RMUs issued on the basis of each activity under Article 3,
paragraphs 3 and 4
(f) The total quantity of ERUs, CERs, AAUs and RMUs transferred to other registries and
the identity of the acquiring accounts and registries
(g) The total quantity of ERUs, CERs, AAUs and RMUs cancelled on the basis of activities
under Article 3, paragraphs 3 and 4
(h) The total quantity of ERUs, CERs, AAUs and RMUs cancelled following determination
by the Compliance Committee that the Party is not in compliance with its commitment
under Article 3, paragraph 1
(i) The total quantity of other ERUs, CERs, AAUs and RMUs cancelled
(j) The total quantity of ERUs, CERs, AAUs and RMUs retired
(k) The total quantity of ERUs, CERs, and AAUs carried over from the previous
commitment period
(l) Current holdings of ERUs, CERs, AAUs and RMUs in each account.
48. The information referred to in paragraph 44 above shall include a list of legal entities authorized
by the Party to hold ERUs, CERs, AAUs and/or RMUs under its responsibility.
III. Compilation and accounting of emission inventories and assigned amounts
A. Report upon expiration of the additional period for fulfilling commitments
49. Upon expiration of an additional period for fulfilling commitments, each Party included in
Annex I shall report to the secretariat and make available to the public, in a standard electronic format,
the following information. This information shall only include ERUs, CERs, AAUs and RMUs valid for
the commitment period in question:
(a) The total quantities of the categories of ERUs, CERs, AAUs and RMUs listed in
paragraph 47 (a) to (j) above, for the current calendar year until the end of the additional
period for fulfilling commitments (defined according to Greenwich Mean Time)
(b) The total quantity and serial numbers of ERUs, CERs, AAUs and RMUs in its retirement
account
(c) The total quantity and serial numbers of ERUs, CERs and AAUs which the Party
requests to be carried over to the subsequent commitment period.
50. The secretariat shall establish a database to compile and account for emissions and assigned
amounts pursuant to Article 3, paragraphs 7 and 8, and additions to, and subtractions from, assigned
amounts pursuant to Article 3, paragraphs 7 and 8, for the accounting of the compliance assessment, in
accordance with paragraphs 11 and 12 above. The purpose of this database is to facilitate the assessment
of the compliance of each Party included in Annex I with its commitment under Article 3, paragraph 1.
51. A separate record shall be maintained in the database for each Party included in Annex I for each
commitment period. Information on ERUs, CERs, AAUs and RMUs shall only include units valid for
the commitment period in question and shall be recorded separately for each type of unit.
52. The secretariat shall record in the database for each Party included in Annex I the following
information:
(a) The assigned amount pursuant to Article 3, paragraphs 7 and 8
(b) For the first commitment period, the total allowable issuances of RMUs resulting from
forest management activities under Article 3, paragraph 4, and limits on net acquisitions
of CERs from afforestation and reforestation activities under Article 12 pursuant to
decision 16/CMP.1.
53. The secretariat shall record in the database, for each Party included in Annex I, whether it is
eligible to transfer and/or acquire ERUs, CERs, AAUs and RMUs pursuant to decisions 9/CMP.1
and 11/CMP.1 and to use CERs to contribute to its compliance under Article 3, paragraph 1, pursuant to
decision 3/CMP.1.
54. The secretariat shall annually record the following information relating to emissions for each
Party included in Annex I, following the annual review under Article 8, the application of any adjustment
under Article 5, paragraph 2, and the resolution of any questions of implementation pertaining to
emission estimates:
(a) Aggregate annual anthropogenic carbon dioxide equivalent emissions of the greenhouse
gases, and from the sources, listed in Annex A to the Kyoto Protocol for each year of the
commitment period that has been reported in accordance with Article 7
(b) Any adjustments under Article 5, paragraph 2, recorded as the difference, in carbon
dioxide equivalent terms, between the adjusted estimate and the inventory estimate
reported under Article 7
(c) Aggregate anthropogenic carbon dioxide equivalent emissions in the commitment period,
calculated as the sum of the amounts in subparagraphs (a) and (b) above for all years of
the commitment period to date.
55. The secretariat shall annually record in the database the following information for each Party
included in Annex I relating to accounting for net emissions and removals of greenhouse gases resulting
from its activities under Article 3, paragraph 3, and its elected activities under Article 3, paragraph 4,
following the annual review under Article 8, the application of any adjustment under Article 5,
paragraph 2, and the resolution of any relevant questions of implementation:
(a) The calculation of whether the activities under Article 3, paragraphs 3 and 4, that have
been reported in accordance with Article 7 result in net anthropogenic emissions or net
anthropogenic removals of greenhouse gases pursuant to decision 16/CMP.1
(b) For those activities for which the Party has elected to account annually, the net
anthropogenic emissions and removals of greenhouse gases pursuant to
decision 16/CMP.1 for the calendar year
(c) For those activities for which the Party has elected to account for the entire commitment
period, the net anthropogenic emissions and removals of greenhouse gases pursuant to
decision 16/CMP.1 for the calendar year
(d) Any adjustments under Article 5, paragraph 2, recorded as the difference in carbon
dioxide equivalent terms between the adjusted estimate and the estimate reported under
Article 7
(e) The total net anthropogenic emissions and removals of greenhouse gases pursuant to
decision 16/CMP.1 for the commitment period, calculated as the sum for all years of the
commitment period to date of the amounts referred to in subparagraphs (b), (c) and (d)
above.
56. Where a Party submits recalculated estimates of emissions and removals of greenhouse gases for
a year of the commitment period, subject to the review in accordance with Article 8, the secretariat shall
make appropriate amendments to the information contained in the database including, where relevant, the
removal of previously applied adjustments.
57. The secretariat shall record and update the required level of the commitment period reserve for
each Party included in Annex I, in accordance with decision 11/CMP.1.
58. The secretariat shall annually record in the database for each Party included in Annex I the
following information relating to transactions, for the previous calendar year and to date for the
commitment period, following completion of the annual review under Article 8, including the application
of any corrections, and resolution of any relevant questions of implementation:
(a) Total transfers of ERUs, CERs, AAUs and RMUs
(b) Total acquisitions of ERUs, CERs, AAUs and RMUs
(c) Net acquisitions of CERs resulting from afforestation and reforestation activities under
Article 12
(d) Total issuances of RMUs relating to each activity under Article 3, paragraphs 3 and 4
(e) Total issuances of ERUs on the basis of Article 6 projects
(f) Total of ERUs, CERs and AAUs carried over from the previous commitment period
(g) Total cancellations of ERUs, CERs, AAUs and RMUs relating to each activity under
Article 3, paragraphs 3 and 4
(h) Total cancellations of ERUs, CERs, AAUs and RMUs following determination by the
Compliance Committee that the Party is not in compliance with its commitment under
Article 3, paragraph 1
(i) Total of any other cancellations of ERUs, CERs, AAUs and RMUs
(j) Total retirements of ERUs, CERs, AAUs and RMUs.
59. Upon expiration of the additional period for the fulfilment of commitments, and following
review under Article 8 of the report submitted by the Party under paragraph 49 above, including the
application of any corrections, and the resolution of any relevant questions of implementation, the
secretariat shall record in the database the following information for each Party included in Annex I:
(a) The total additions to, or subtractions from, the assigned amount pursuant to Article 3,
paragraphs 7 and 8, for the accounting of the compliance assessment, in accordance with
paragraphs 11 and 12 above
(b) The total quantity of ERUs, CERs, AAUs and RMUs in the retirement account of the
Party for that commitment period.
60. Upon completion of the Article 8 review of the annual inventory for the last year of the
commitment period, and the resolution of any related question of implementation, the secretariat shall
record in the database the aggregate anthropogenic carbon dioxide equivalent emissions of the
greenhouse gases, and from the sources, listed in Annex A to the Kyoto Protocol of the Party for the
commitment period.
61. The secretariat shall publish an annual compilation and accounting report for each Party included
in Annex I and forward it to the COP/MOP, the Compliance Committee and the Party concerned.
62. After the commitment period and the additional period for fulfilling commitments, the secretariat
shall publish a final compilation and accounting report for each Party included in Annex I and forward it
to the COP/MOP, the Compliance Committee and the Party concerned, indicating:
(a) The aggregate anthropogenic carbon dioxide equivalent emissions of the Party for the
commitment period as recorded under paragraph 60 above;
(b) The total quantity of ERUs, CERs, AAUs and RMUs in the retirement account of the
Party for the commitment period, as recorded under paragraph 59 (b) above;
(c) Where applicable, the quantities of ERUs, CERs and AAUs in the registry available for
carry-over to the subsequent commitment period;
(d) Where applicable, the quantity in tonnes by which the aggregate anthropogenic carbon
dioxide equivalent emissions exceed the total quantity of ERUs, CERs, AAUs and
RMUs in the retirement account of the Party for the commitment period.
2nd plenary meeting
30 November 2005