Carbon Acronyms

Acronyms for climate change and the carbon economy.

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A - L

  • AAU: Assigned Amount Units (emissions allowed under the Kyoto Protocol)
  • ACCU: Australian Carbon Credit Unit
  • AEU: Australian Emission Unit (as traded under the Australian ETS)
  • ANREU: Australian National Registry of Emissions Units
  • BEEC: Building Energy Efficiency Certificate
  • BEER: Building Energy Efficiency Regulator
  • BOP: Basis of Preparation (NGER)
  • CBD: Commercial Building Disclosure
  • CCS: Carbon Capture and Storage
  • CDM: Clean Development Mechanism
  • CDP: formerly known as the Carbon Disclosure Project
  • CER: Certified Emission Reduction (as under the Kyoto Protocol)
  • CER: Clean Energy Regulator (Australia)
  • CFI: Carbon Farming Initiative
  • CO2-e: Carbon Dioxide Equivalent
  • CPM: Carbon Pricing Mechanism
  • CPRS: Carbon Pollution Reduction Scheme
  • CSR: Corporate Social Responsibility
  • ECM: Energy Conservation Measure
  • EERS: Emissions and Energy Reporting System
  • EITE: Emissions Intensive Trade Exposed
  • EMB: Energy – Mass Balance
  • EOP: Eligible Offset Project
  • EN: Emissions Number
  • ERAC: Emissions Reduction Assurance Committee
  • ERF: Emissions Reduction Fund (now called the Climate Solutions Fund)
  • ERU: Emission Reduction Unit
  • ESC: Energy Savings Certificate
  • ESS: Energy Savings Scheme (NSW)
  • ETS: Emissions Trading Scheme
  • EU ETS: European Union Emissions Trading Scheme
  • EUA: European Unit Allowance (as traded under the European ETS)
  • GEARS: Greenhouse and Energy Auditor Registration System
  • GHG: Greenhouse Gas
  • GIS: Green Investment Scheme
  • GRESB: now GRESB Real Estate Assessment (formerly Global Real Estate Sustainability Benchmark)
  • GRI: Global Reporting Initiative
  • GS VER: Gold Standard Verified Carbon Standard
  • GS-VVB: Gold Standard Validation/Verification Bodies
  • ICAPS: Investor Climate Action Plans
  • IPCC: Intergovernmental Panel on Climate Change
  • IPMVP: International Measurement and Verification Protocol
  • ISSB: International Sustainability Standards Board
  • ITMO: Internationally Transferred Mitigation Outcomes
  • JI: Joint Implementation
  • LEPID: Liable Entity Public Information Database
  • LCA: Life Cycle Assessment
  • LGCs: Large Scale Generation Certificates
  • LRET: Large Scale Renewable Energy Target
  • LTC: Liability Transfer Certificate
  • LULUCF: Land Use, Land Use Change and Forestry

M - Z

  • MECLA: Materials & Embodied Carbon Leaders’ Alliance
  • M&V: Measurement & Verification
  • NABERS: National Australian Built Environment Rating System
  • NCOS: National Carbon Offset Standard (*program now called Climate Active)
  • NCU: Natural Capital Unit
  • NEM: National Electricity Market
  • NGER: National Greenhouse and Energy Reporting System
  • NZ ETS: New Zealand Emissions Trading Scheme
  • NZU: New Zealand Unit (as traded under the New Zealand ETS)
  • OTN: Obligation Transfer Number
  • OSCAR: Online System for Comprehensive Activity Reporting
  • PEC: Partial Exemption Certificate
  • PEN: Provisional Emissions Number
  • PIAM&V: Project Impact Assessment with Measurement and Verification
  • RCP: Representative Concentration Pathway
  • RE100: 100% renewable energy project (CDP and The Climate Group)
  • REDD: Reducing Emissions from Deforestation and (forest) Degradation
  • RESA: Recognised Energy Savings Activity
  • RET: Renewable Energy Target
  • ROE: Recognised OffsetEntity
  • RMU: Removal Units (GHG removal as under the Kyoto Protocol)
  • RTC: Reporting Transfer Certificate
  • SMC: Safeguard Mechanism Credit
  • SDG: Sustainability Development Goals (see also UN SDG)
  • SLO: Social License to Operate
  • SRES: Small Scale Renewable Energy Scheme
  • STCs: Small Scale Technology Certificates
  • TCFD: Task Force on Climate-Related Financial Disclosures
  • TNFD: Taskforce on Nature-related Financial Disclosures
  • UNFCCC: United Nations Framework Convention on Climate Change
  • UNSDG: United Nations Sustainability Development Goals
  • VCU: Verified Carbon Unit
  • VCS: Verified Carbon Standard
  • VEET: Victorian Energy Efficiency Target
  • VER: Voluntary Emissions Reduction
  • VERPA: Voluntary Emissions Reduction Purchase Agreement
  • VVB: Validation & Verification Bodies (regarding Gold Standard verifications)
  • WCI: Western Climate Initiative