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Concept note
The developer submits a project concept note and pays the application fee. Officers review it, return it for changes or approve it.
Developer, registry officers
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Project design document
The full design document goes through technical review, with committees or review panels where needed. Approval issues a serialised letter of approval.
Developer, reviewers, DNA
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Implementation
The project starts work and records implementation details, community agreements and supporting documents.
Developer
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Monitoring
The developer reports monitoring results with signed declarations and technical and financial performance, and officers review them.
Developer, registry officers
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Issuance
After the issuance review, units are issued with unique serial numbers into the developer’s holding account, with any buffer contribution set aside.
Registry officers, second officer
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Authorisation
The DNA authorises mitigation outcomes for international use under a cooperative approach, as a versioned record.
DNA, second officer
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First transfer and corresponding adjustment
When the authorisation’s trigger is met, the first transfer is recorded and the corresponding adjustment is applied and queued for AEF reporting.
Registry, DNA
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Transfer, use or cancellation
Units move between holding accounts or are used or cancelled for good, each movement confirmed by a second officer where the rules require it.
Account holders, registry officers
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Public transparency
The approved project, the unit’s status and the day’s ledger anchor appear on the public portal, where anyone can verify a serial number.
Anyone