ERPA General Conditions

About the General Conditions

The General Conditions (GCs) are the legal underpinning of large-scale carbon transactions. They provide for general rules and procedures for the sale and payment for Emission Reductions (ER) to be generated and verified under an Emission Reductions Program.  The General Conditions will be incorporated into each Emission Reductions Payment Agreement (ERPA) by way of reference and are non-negotiable. The General Conditions were approved by the FCPF Participants Committee at its 18th meeting on November 1, 2014. 

General Conditions Applicable to Emission Reductions Payment Agreements November 2014 (English,  SpanishFrench)
Emission Reduction Program Buffer Guidelines (English, Spanish, French)
Emission Reductions Payment Agreement Commercial Terms (EnglishSpanishFrench)

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