April 2, 2014
This technical note for the Worldbank is a mapping exercise of key elements and design features of offset programs (e.g. CDM, JCM and GS) and highlights differences and similarities between them. It identifies main elements and design features of eight different offset programs and discusses how these programs address key issues such as efficiency, environmental integrity, applicability, and transaction costs. It elaborates on the program's principles and goals, their operationalized principles, the respective governance structure, registration procedures and MRV and credit issuance procedures.