Bundling (CDM & JI)

Definition

The combination of multiple small-scale project activities under the Clean Development Mechanism or Joint Implementation projects to form a single project activity or portfolio for the purposes of project monitoring and the validation and certification of emission reductions.

REDD+ relevance

According to Decision 6/CMP.1 at COP in 2005, small-scale afforestation and reforestation project activities may be bundled or portfolio-bundled at the following stages in the project cycle: the project design document, validation, registration, monitoring, verification and certification.

References

UNFCCC. 2005. Decision 6/CMP1, Simplified modalities and procedures for small-scale afforestation and reforestation project activities under the clean development mechanism