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CTC's are so called because they are claimed reductions that have been
through and passed a rigorous examination of their transparency,
sustainability,and additionality amongst other tests. The examining and approving body then
Approves, Accredits and Certifies (Validation Process) them as meeting all the
citeria and requirements of the UNFCCC. Next the Approved Credits are
Monitored, Tracked, Recorded, Reported and Registered on an annual basis by
independent third parties sanctioned by the goveerning body with authority
for
the venue in question.The application of this total process makes them
consistent with the rules, criteria and requirements for any juridiction in
the world. They are therefore, fully tradable. Hence the title 'Certified
Tradable Credits'.
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