CDM Emission Reduction Purchase Agreement: Version 2

CDM Emission Reduction Purchase Agreement (ERPA) is specially developed for contract parties that directly want to deal between project developer and buyer. The contract outlines in detail the various steps of the process of getting the project idea approved by a Validator and the CDM Executive Board, to the actual deliverance of Emission Reductions and consequent issuance of Certified Emission Reductions (CERs) by the CDM Executive Board.