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China Yibai United Guarantee International Holding, Inc


Business Banking Center
RM.2602, 2nd Building,Rose Oriental, No.6, Yanhe Street, Shahekou District Dalian, Liaoning, China
Tel:  011-86-411-88145556  IR Office  Contact: Mr Johnson Zhang

Carbon Environmental Finance Center
Exhibition Road, No. 115 hundred sinks 6A 1501 Shahekou District, Dalian City, Liaoning, China

www.yibaichina.com    Email:  Investors@yibaichina.com  OR  Stock@yibaiChina.com

YB FINANCE INVESTMENT INC. www.ybfinance.cn/eig.htm  DALIAN YIBAI INVESTMENT & MANAGEMENT CO.,LTD  www.ybfinance.cn/eyb.htm 

China YiBai United Guarantee International Holding Inc. is an emerging Chinese company that provides innovative financial services for small and medium enterprises (SMEs) in China.
The company's services include equity financing, asset management, and multi-level domestic and overseas capital market listings.


The Outlook
Yibai helps to nurture SMEs on the Tianjin Equity Exchange by providing companies with the opportunity to learn about capital markets, to raise equity financing and to become listed in China. This also provides access to equity pledge guarantees and other types of loans provided by CBGH, which intends to promote its innovative financial services on other regional equity exchanges to scale up its business.

CBGH also operates an asset management company in the Asian financial center of Hong Kong to conduct merger activity and to hold shares of companies as part of its strategy to improve the competitiveness of its investment banking department in overseas markets and to shorten the IPO listing cycle and financing for Chinese enterprises in the foreign capital markets.

CBGH is actively coordinating with governments at all levels to implement the national financial policies and to assist in perfecting regional financial reforms and developing innovative financial programs and strategies. The company says it has a growing pipeline of financing deals including plans to bring an increasing number of Chinese companies public


Management

Chief Executive Officer-
Mr. Alex Li
Director of Asset Management-
Mr. Jiyang Han
Vice President of Asset Management-
Mr. Chen Yang
Vice President of Investment Banking-
Mr. Nan Liu

 
 QUARTERLY REPORT - For the Period Ended March 31, 2011
 1,000,000,000 shares of common stock authorized
 148,429,045 shares of common stock outstanding
 913,771 common shares were free trading;
 628 shareholders of record

Common Outstanding Shares: 148,429,045

     Estimated Floating Shares:   32,170,000




China Yibai Recent News     Recent News for AVIX

2012 Press Releases
May 30, 2012    -   OTC Disclosure & News Service CBGH Establishment of Qinghai Environmental Energy Exchange (QHEX)

June 01, 2012   -   China YiBai Latest Subsidiary Qinghai Environmental Energy Exchange (QHEX)

Latest News

Establishment of Qinghai Environmental Energy Exchange

May 30, 2012

OTC Disclosure & News Service

Dalian, China -


In March, 2011, Tianjin Sunwin Private Equity Fund Management Co., Ltd (held by Dalian YiBai Small & Medium Enterprises Guarantee Co., Ltd)
established Qinghai Environmental Energy Exchange and holds its 20% stock right. This new business mode expands a vast potential for future
development. Qinghai Environmental Energy Exchange (QHEX) is established as a comprehensive environmental finance platform for environmental
issues through market-based means and innovative financial modes in Qinghai province. It is specializing in serving environmental improving and
resource conservation for Western China by means of advanced trading platform and member network and cooperative partners. QHEX focuses on
energy conservation and emissions reduction and Sanjiangyuan ecological compensation and restoration, emission trading as well as carbon trading
rights projects.



The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuer


Note: as of May 01, 2012 Hawk Associates is no longer representing China YiBai

2011
Press Releases

4/15/11- China Yibai Sponsors Well-Received International Finance-Related Forum For Chinese Companies
1/19/11- China Yibai to Apply for Security-Related Licenses in Hong Kong; Cancels Investment Agreement with Securities Services Firm
9/08/10- China YiBai Announces Name Change of IG Financial Investment Inc. to China YiBai Financial Consultancy Co., Ltd
8/09/10- China YiBai Announces Strategic Agreement with Schneider Electric (China)
7/22/10- China YiBai Subsidiary Joins China Beijing Environmental Exchange CBEEX
6/28/10- Financial Service Provider China YiBai Focuses on Green Energy and Low Carbon Sector

  For more China Yibai Press Releases 

CBGH Investor Relations
China Yibai IR Office
Contact: Tel:  011-86-411-88145556
Mr Johnson Zhang  -  (johnson1394@vip.163.com)
Mr David Zhang  -  (zxw79@yahoo.com)


Manhattan Transfer   TA
57 Eastwood Road
Miller Place, NY 11764
Phone: 1 (800) 786-0362
Fax: 1 (631) 928-6171

Contact:
John, Desiree
Cynthia MacDonald


www.mtrco.com


M.M. Membrado, PLLC
115 East 57th Street, Suite 1006
New York, New York 10022
Telephone: (646) 486-9770
Fax: (646) 486-9771

Contact:
Michael M. Membrado
e-mail: info@mmmembrado.com

www.mmmembrado.com

 

CBGH Financing Guide









From small and medium-sized technology enterprises in the course of business, finance companies can be divided into five stages: seed stage, development stage, revenue stage, the profitability stage and high growth high input stage. Enterprise reference purposes only required financing.

1. Seed stage

Performance as the company has just been established, the lack of operating history, management personnel of the company's technology leaders, they hold a certain technology, and even owns the copyright, copyright or patent has a better idea of ​​the company's future. This stage is the most dangerous stage, no income support, facing the team may be the collapse of the company who died must quickly open the market to get the cash flow to support the strong pressure.

Are looking for venture areas, we would recommend our cooperation wind investment company to assess the value and growth, to make venture capital.



2. Development stage

Performance exploration companies generally being a prototype products and marketing. This stage the seed stage product vision tangible, concrete help to strengthen the cohesion of the person within the company to improve the external judgment of the prospects of the company, but the company is also facing a lot of pressure to survive. Customers reflect the willingness to buy, as well as the company whether the product in accordance with the improvement of customer requirements and real customer markets become important considerations indicators of this stage.

Are technical property finance areas, we will hang our alliance network at this stage of the company, and Equity Exchange with Dalian and Tianjin Equity Exchange, to share proprietary information, and expand financing range



3. Income stage

The performance of the existing customers of the company's innovative products, generate a certain amount of cash flow, but also can not be profitable. This stage of the most important considerations is the company's ability to market expansion and product competitiveness, and management issues, including cost control problems that may exist. In addition, some companies rely on proxy products generate cash flow also belongs to this stage, the performance can not rely on sales of own products and Products cover financial support for marketing and product development.

Belong to the find banks, pawn, financing guarantee companies belong to the traditional fixed asset financing, if the enterprise has a certain fixed assets, we would recommend our cooperation agencies to assess the enterprise value of fixed assets and corporate growth, make lending decisions.



4. Profitable stage

Performance for the company's innovative products have been recognized by the market, the product has a certain degree of competitiveness, generate a positive cash flow. Financing to expand the market quickly became the main financing characteristics of this stage. These features indicate that the company has passed the danger period.

Belong to the scope of the equity financing, we will at this stage of the company linked to our affiliate network, and Equity Exchange with Dalian and Tianjin Equity Exchange to share proprietary information, and expand financing range. At the same time we will be screening the good business growth to domestic and foreign listed on the GEM.



5. High input stage of high growth

The performance of existing products in the market is relatively stable, adequate cash flow, output growth and profit growth in more than 10%, but also the financing needs, because of the need to develop new products to new larger inputs and marketing of temporary sexual needs.

Belonging to the equity financing, listing and financing areas, we will hang at this stage of the company to our alliance network, and Equity Exchange with Dalian and Tianjin Equity Exchange to share proprietary information, and expand financing range, at the same time we will be filtered growth good corporate GEM to the domestic and foreign market.



 

Union standards







Guarantee Agency minimum stake of 10 million yuan pledge guarantee Union Margin access;

2, the minimum stake of 10 million yuan investment institutions pledged guarantee Union Margin access conditions;



Pawn agency Minimum of five million yuan equity pledge guarantee Union Margin access conditions;

Natural person minimum one million yuan equity pledge guarantee Union Margin access conditions;

5, other intermediaries with equity financing needs of client resources, broker, or a natural person.




 

Alliance Application Process






First, the agency read Union Membership


Desire to the Member agencies or natural person should first carefully read the Alliance membership.




Second, download and fill out the application form


Member, download the application form in the equity pledge guarantee Union online registration.




E-mail the application form and related basic information to our mailbox Stocks@yibaichina.com


We provide the application form includes advance understanding of the basic condition of the bodies or natural persons.




First instance, require companies to provide enterprise after the passage of the relevant detailed material


After we receive the application form of the organization, the League of the eligibility criteria for a preliminary review, after the passage of the institutions to provide detailed material, as follows:



Should provide a material comprising:

1, margin requirements according to the different institutions or natural persons proof of funds, the Details View Alliance eligibility criteria;
2, issue a fixed place of business and the necessary facilities;
3, issued by a sound organizational structure and strict financial management system data.




V. Final Appeal


Ready to apply for affiliate should provide materials with special arrangements for our special personnel begin the process of rigorous review materials.




Signed contracts, agreements


Signed the investment agreement




, Payment and listing Investment Member


I receive a certain percentage of the cost will be in accordance with the relevant provisions. Investment Member listed company Union online for public listing.




Eight follow-up services


Assist the Union institutions doing business in our alliance network, the formation of the governing units and the Committee of Experts.

Union cost standards

Annual membership fee


Listing fees


Security deposit


Roadshow fee


Intermediary fees




Investment Member


Agency 10,000 yuan

Natural persons 5000 yuan

Finance Member 10,000 yuan





Affiliate

Investment institutions 10 million yuan

Guarantee Agency 10 million yuan

Pawn institutions 5 million yuan

Natural persons 500,000 yuan


* 1. Enterprises operating income of more than 10 million
2. Enterprises operating income of 500 million or more, less than 10 million
3 operating income of 300 million or more
4 natural persons
* Listed on the first phase of free listing fees, roadshow fee agency fee charged after equity trading success









Shahekou District, Dalian City, Liaoning Province, along the 6th Street Huaye Rose Oriental Building 2, Room 2602,

Copyright 2012 (C) yibaichina. All right reserved

TEL. 0411-88145556

China overflow Bai joint guarantee International Holdings Limited
 


China Yibai PIPE Requirements

Enterprises with the following qualifications can raise funds from$ 3 dollars to $10 dollars at the first run on OTCBB.
Financial subjects Unit: RMB
Balance Sheet over the past year:  
Primary business revenue over the past year 1
Retained profits of primary business over the past year 1
   
Balance Sheet of current year  
Current assets 1
Fixed assets 2
Stockholder's equity(net assets) 50 cents
   
Financial ratio: 0 dollars
Liquidity ratio 0
Assets Liabilities Ratio 0
Ratio of gross profit 0
Ratio of between cash flow from operating and income after taxes, for two years not lowe  
 
Our private company practice is focused on assisting our clients in continuing to develop - and reposit as may be necessary for planned growth, strategic initiatives, or sale - the building blocks of their businesses.  Whether it be in connection with employment related matters, equity financings, asset-based financings, M&A, or the sale of the company itself, we know what is important to private company owners and how to effectively obtain results, even in situations that involve a high degree of confidentiality or sensitive personal and/or interpersonal issues.

One of the most active areas of our practice is in taking U.S. and foreign private companies public through means other than traditional, large-scale, underwritten IPOs. These alternative methodologies include Form 10-SB registrations, Form SB-2 resale registrations, and reverse mergers with public shell companies, in each case coupled with a quotation service or exchange listing.

However accomplished, this "going public" process is often executed in conjunction with a syndicated PIPE (private investment in public equity) transaction involving a number of different institutional and other investors, thereby resulting in what is fast becoming known throughout the capital markets as the new "alternative IPO". Usually we can raise funds for $1 million to $ 20 million at the first run.

Once companies are public, our practice focuses not only on assisting our clients in navigating the capital markets and the increasingly complex regulatory framework involved in securities and corporate governance, but also in assisting them to build value in their share price and graduate as soon as possible to higher tier exchanges or quotations services. We pride ourselves on keeping our priorities aligned with those of our clients and never losing sight of the practical realities and considerations involved in managing their growing businesses, which are often at apparent odds with the ongoing and sometimes seemingly irrelevant compliance practices with which they are required to adhere.

 
In particular, our private company practice provides services to clients in the following areas:
  • Going Public Events
    • Underwritten Initial Public Offerings (IPOs)
    • Self-Directed Initial Public Offerings
    • Form 10 (Exchange Act) Registrations (with or without related PIPE)
    • Form SB-2 Resale Registrations
    • Reverse Mergers (with or without contemporaneous PIPE
  • Attracting Market Makers / Navigating the 15c-211 Process
  • Listing and Quotation
  • Nasdaq National Market / Nasdaq Small Cap
  • American Stock Exchange
  • OTC Bulletin Board
  • OTCQX
  • Pink Sheets (including so-called "Gray Sheets")
  • Non U.S. Exchanges
  • Identifying and Engaging Qualified Investor Relations Professionals
  • Getting Reputable Analyst Coverage
  • Annual Reports on Form 10-K/SB
  • Quarterly Reports on Form 10-Q/SB
  • Current Reports on Form 8-K
  • SEC Periodic Reporting and Compliance
  • Anti-reverse merger measures.
  • Exempt Private Offerings - Negotiated or Book Deals
    • Section 4(2) /Rule 506
    • Section 4(6)
    • Rule 504 or Regulation A Offerings (for non-reporting issuers)
    • Regulation E Offerings (for Business Development Companies)
  • Registered and Underwritten Offerings on Forms S-1, S-3, and SB-2
  • Follow On and Secondary Offerings / Shelf Registrations
  • PIPE (Private Investment in Public Equity) Transactions
  • Rule 419 Blank Check Offerings
  • Resale Registrations
  • Spin-Off Transactions
  • S-4 (Merger and Acquisition) Registrations
  • S-8 (Employee Benefit Plan) Registrations
  • Financing and commercial loan measures
  • Due Diligence
  • Structuring for Corporate / Securities / Tax Objectives
  • Asset Acquisitions / Divestitures
  • Stock Acquisitions / Divestitures
  • Mergers and Share Exchanges
  • Spin-Off Transactions
  • Reverse Mergers by Public Shell Companies
  • Industry Roll-Ups / Consolidations
  • Liquidations
  • Securities Offerings
  • Non-Capital Raising Registrations
  • Penny Stock Rules Compliance
  • Mergers and Acquisitions
 


YB FINANCE INVESTMENT INC.

Partners  www.ybfinance.cn/ehzhb.htm

Barron Partners LP

Barron Partners LP is a private investment fund specializing in micro-cap companies. Barron Partners LP has USD$0.5 billion fund investment credit focusing on Chinese companies on OTCBB. IT have invested in over 10 Chinese companies listing on OTCBB among which one is our local enterprise-Dalian Fushi Bimetallic Manufacturing Co.,Ltd in U.S.A and the average rate of investment return can reach to 68%. Dalian Fushi Bimetallic Manufacturing Co.,Ltd is listing on OTCBB in U.S.A on 14th, Dec in 2005 and Barron Partners LP invested into USD$1.2 million with other institutional investors thus lays a solid foundation in more capital support for Dalian Fushi Bimetallic Manufacturing Co., Ltd and plays an important role in the success of listing in America capital market. The price of its stock rises from USD$ 2.78 at the beginning to USD$28 in Sep.2007.

The following are parts of invested Chinese enterprises by Paragon:
Fuda Faucet Works(FUFW.OB)
China Wind System(CWSG.OB)
China Solar&Clean Energy Solutions,Inc.(CSOL)
China Education Alliance Inc.(CEUA.OB)
Sinoenergy Corporation(SNEN.OB)
China Medicine Corporation(CHME.OB)
American Oriental Bioengineering Inc.(NYSE:AOB)
Fushi International, Inc(FSIN.OB)
WidePoint Corp. (AMEX: WYY)
Fushi International, Inc(FSIN.OB)
WidePoint Corp. (AMEX: WYY)

Paragon Capital LP
Paragon Capital LP is a private special situations hedge fund with a focus on investing in growing companies. Compelling highlights include:
·Paragon is controlling asset valuing about $10 billion;
·Paragon controls multiple publicly traded entities for which it seeks attractive private companies for alternative public offerings.
·Paragon has invested in a wide rage of industries in markets that include the U.S., China, Brazil, Israel and Eastern Europe.
·Paragon's team advises clients on all of the areas requires to successfully complete alternative public offerings, including strategic planning, legal, regulatory and accounting matters, capital raising and investor relations.
·Paragon' investment structures are designed to align Paragon's interests with its clients' interests to maximize long-term value.
·Paragon's investment management team is experienced with a proven track record, and had more than 70 years of experience in originating, structuring and financing investments and transactions.
Paragon' long-term commitment to and aligned incentives with its private company clients make it an ideal partner in alternative public offerings. Paragon is looking to achieve the highest possible public valuation for the company.


Dragon Pipe

1. Sum of China Dragon PIPE
: $ 5 million
2. Close Term: two years after the signing of agreement
3. Rate of return: expected rate of return will be higher than 30% annually
4. Objects of PIPE: rich investors with capability to bear risk
5. Fund unit: minimum USD$20,000, maximum USD$ 200,000
6. Targets and methods of investing
China Dragon PIPEⅠis an investment fund to purchase stocks from listing companies directionally during the process of IG Finance helping companies go public. Therefore, its investing objects are the shares priced by net assets value in China in order to get the stock ownership of listing companies. Investors regard the market value of listing companies' stock as their profit -oriented goals.
7. Ventures of fund
As the capital is invested into the market, it can be affected by various ventures such as market risk, liquidity risk, management risk as well as operational venture etc. As the Public Consultancy of listing companies, IG Finance takes control of all financial information and the next two years' financial forecast of listing companies. At the same time, we have strictly checked all affairs of companies and we have Valuation Adjustment Mechanism in the signed agreements. If the company cannot attain the forecast financial data after listing, a part of the big stockholders' shares will be compensated to investors. Moreover, we also have agreements on listing with American partners. Therefore, we have transferred investment ventures from investors before investing thus elude the potential investment ventures.
8. Administration expenses: 30% of the investment earning.


Recent Developments
The Company has formed a strategic plan related to green energy resources, energy savings, emission reduction and low carbon usinesses, which is expected to help further develop its business. The Company can provide services to manufacturing                            
enterprises and related businesses such as the firms with high energy consumption in China. The relevant financial services the company can provide include, but not limited to, finance lease and contract management. The Company has built the innovative
operation model in the year ended September 30, 2010.
      
The Company has built relationships with the local government and some manufacturing parks in the north of China. TheChinese government encourages the development of energy saving and low carbon emission industries. The Chinese government
officially announced the action goal for controlling greenhouse gases on November 26th, 2009, which is to drop CO2 emission per unit of GDP by 40%-45% until 2020 with comparison to the year of 2005. It functions as the binding targets in national economic and social development planning. With respect to the Company's financial service business, the Company has made progresses. It has also expanded its business target area to Southern China.



******~~~~~~~~~~~Three Rivers Standard ~~~~~~~~~~~******

Standard document

Version 1.0

Date 02 /17/ 2012

1.Introduction

1.1 Three Rivers Standard (v.1.0) document structure
The function of standard setting documents is to provide the guidelines, rules and requirements for processes and procedures to be used in producing products accredited by that standard. The documents that comprise the Three Rivers Standard are divided into four types:

 The General Guide to the Three Rivers Standard (v.1.0).

 Requirement documents relating to project development and accounting and monitoring 
methodologies: These include the Three Rivers Standard document (v.1.0), the specific 
requirements for each sector of GHG mitigation activity, approved accounting and monitoring methodologies and the requirements and tool for assessment of non-permanence 
risks.

 Procedural documents: These include documents setting out the Standard Setting procedure, Methodology Approval procedure, Registration and issuance procedures, and procedures for management of non-permanence risk buffer accounts.

 Templates and forms: These include stipulated templates for PDDs, monitoring reports, 
validation reports and for the submission of methodologies, etc.
Diagram 1: Document structure of the Three Rivers Standard (v.1.0)
Requirement documents  Procedural documents Templates and Forms
Standard document (v.1.0) Standard setting procedures PDD template
Sectoral specifications Methodology approval procedures
Monitoring report template
Approved methodologies Registration and issuance 
procedures (including procedures for management of the 
non-permanence buffer account)
Validation and Verification 
report templates
Non-permanence risk assessment tool
Methodology submission
form templates
This document is the Three Rivers Standard Document (v.1.0). It describes the principles, rules 
and requirements of the Three River Carbon Standard for project-based GHG emission reduc-Three Rivers Standard - Standard document 6
tions and/or removal enhancements, and sets out the requirements that baseline and monitoring methodologies must fulfill, and sets out the requirements for socio-economic and environmental impacts that projects must fulfill. 
The accounting of GHG sources, sinks and reservoirs is based on ISO 14064-2:2006, while verification and validation procedures and requirements are based on ISO 14064-3:2006 and ISO 
14065:2007. The  requirements regarding social and environmental  impacts of projects are
based on national laws supplemented by guidance from the experience of other domestic and 
international initiatives.
Detailed information on the Three Rivers Standard operating procedures, requirements and 
templates and forms can be found on the Three Rivers Standard website
(http://www.threeriversstandard.com/en/index.html). For a list of terminology definitions, 
please see the relevant appendix in the General Guide to the Three Rivers Standard (v.1.0).

1.2 The Three Rivers Standard Standard Document (v.1.0)

In consideration of the national conditions in China, the Three Rivers Standard (v.1.0) establishes for the Chinese voluntary carbon market requirements and procedures that enable the 
validation and verification of voluntary GHG emission reduction and sequestration projects
occurring in the PR China that generate positive social and environmental benefits. This document is the Standard Document (v.1.0) of the Three Rivers Standard. This Standard Document 
sets out the core principles and requirements for generating carbon credits with sustainable 
development benefits that are real, additional, measurable, permanent, unique, and independently verifiable.  It specifies the general rules and requirements for all GHG emission reduction and/or removal projects of the Three Rivers Standard. Detailed specifications will be set 
out elsewhere for  eligible  sectors and  project types (see  Three Rivers Standard website, 
http://www.threeriversstandard.com).
Current version
This version of the Three Rivers Standard Standard Document is Version 0.1, which is  initial 
operational version of the Three Rivers Standard drafted on the basis of two rounds of public 
comments and revisions.  This version was released on 17 February 2012.

1.3 Languages

The operating language of the Three Rivers Standard is Chinese. All documents comprising the 
Standard, and standardized templates for use in relation to the operation of the Standard will 
be prepared in both Chinese and English. Where a difference in interpretation between Chinese and English versions arises, the Chinese version will prevail.
                                         
 2. Standard principles{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}

The application of principles is the basis for and a guide to the application of the Three Rivers 
Standard. In order to ensure that GHG-related information as well as socio-economic and environmental information is a true and fair account, all Three Rivers Standard projects and methodologies must conform to the core principles of the Standard. The principles of the Three 
Rivers Standard with regards to GHG accounting are based on ISO 14064-2:2006, clause 3, with 
additional reference to the WWF forest carbon assessment guide.
1
Principles with regard to 
validation and verification are based on ISO 14065:2007.
All projects and methodologies developed under the Three Rivers Standard (v.1.0) shall ensure 
compliance with the following principles.

2.1 Relevance

Projects and methodologies shall select GHG sources, GHG sinks, GHG reservoirs, data and 
methodologies that are appropriate to the needs of the intended user. Relevance can be assessed against the influence of the information to be provided on the decisions or conclusions 
of intended users of the information. Relevance can be ensured by defining and justifying the
qualitative or quantitative criteria used.

2.2 Completeness

All relevant GHG emissions, removals and pools related to, or affected by the GHG project and
the corresponding baseline scenario will be included in project and methodology documentation. Project design documents should include all relevant information to support the criteria 
and calculation procedures applied.
Where comparable individual GHG sinks, sources and reservoirs cannot be identified in the 
baseline scenario, appropriate default values and assumptions are used to define baseline 
GHG emissions and removals. In the absence of such direct evidence, expert judgment is often 
required to provide information and guidance in establishing and justifying elements of the 
GHG project plan and GHG reports. This might include the appropriate use of models and conversion factors, as well as an estimation of uncertainty. The same will also often apply to the 
projected estimations of GHG removals.

2.3 Consistency

Consistency is essential to enable meaningful comparisons in GHG-related information. Consistency is normally satisfied by using uniform procedures among projects and uniform procedures between the project and baseline scenario, and by using functionally equivalent units.
                                                          
1
http://wwf.panda.org/what_we_do/footprint/climate_carbon_energy/forest_climate/publications/?19
3463/WWFs-Review-of-Forest-Carbon-StandardsThree Rivers Standard - Standard document 8
The principle of consistency is not intended to prevent the use of more accurate procedures or 
methodologies as they become available. However, any change in procedures and methodologies should be transparently documented and justified.

2.4 Accuracy

Project proponents should pursue accuracy by reducing bias and uncertainty insofar as is practical, but the hypothetical nature of baselines, the high cost of monitoring of some types of 
GHG emissions and removals and other limitations often make  it impossible to be perfectly 
accurate. In these cases, conservativeness shall be used as a balancing principle in order to 
maintain the credibility of project GHG quantification. Once a project proponent has reduced 
uncertainty to the extent practicable, the value chosen within that range should result in a 
conservative estimate of the GHG emission or removal.

2.5 Transparency

Transparency relates to the degree to which information is seen as being reported in an open, 
clear, factual, neutral and coherent manner based on documentation (e.g. as can be revealed 
by an audit trail). Sufficient and appropriate GHG-related information should be disclosed so as
to allow intended users to make decisions with reasonable confidence. Information is recorded, 
compiled and analyzed in such a way that will enable internal reviewers and external intended 
users to attest to its credibility. 

2.6 Conservativeness

Conservative assumptions, values and procedures shall be used to ensure that GHG emission 
reductions or removal enhancements are not over-estimated. 
The principle of conservativeness is applied when highly uncertain parameters or data sources 
are relied upon for the determination of the baseline scenario and the quantification of baseline and project GHG emissions and removals.
The implementation of the conservativeness principle is frequently a matter of balance (e.g. 
between accuracy, relevance and cost-effectiveness). When less accurate methods are chosen, 
more conservative assumptions and methodologies should be applied.

2.7 Real 

All GHG emission reductions and removals and the projects that generate them must be proven to have genuinely taken place. 

2.8 Measurable

All GHG emission reductions and removals must be quantifiable using recognized measurement tools against a credible emissions baseline. Three Rivers Standard - Standard document 9

2.9 Permanent 

Where GHG emission reductions or removals are generated by projects that carry a risk of 
reversibility, adequate safeguards must be in place to ensure that the risk of reversal is minimized and that, should any reversal occur, a mechanism is in place that guarantees the reductions or removals will be replaced or compensated.
As one permanence insurance mechanism, the Three Rivers Standard (v.1.0) provides for a risk 
buffer pool for credits from projects deemed susceptible to impermanence.

2.10 Additional 

Project-based anthropogenic GHG emission reductions and removals must be additional to 
what would have happened  under a business-as-usual scenario representing emissions and 
removals if the registered project would not have occurred.

2.11 Independently audited 

All GHG emission reductions and removals must be verified to a reasonable level of assurance 
by an accredited validation/verification body with the expertise necessary in both the country 
and sector in which the project is taking place.
The Three Rivers  Standard will set  and maintain strict accreditation requirements for potential validators, to ensure that they have sufficient expertise and competence to fulfill high quality validation and verification tasks. In addition, the Standard will separate certification and 
approval procedures so as to avoid any conflicts of interest between the certifiers and the 
project developers.

2.12 Unique

Each carbon credit issued must be unique and must only be associated with a single GHG emission reduction or removal activity. There must be no double counting, or double claiming of 
environmental benefits in respect of the GHG emission reductions or removals. If projects are 
enrolled in another GHG program, emissions reductions/removals verified under the Three 
Rivers Standard must not be used to generate other types of carbon credits. 

2.13 Ancillary benefits

Compared to the baseline scenario, the Three Rivers Standard (v.1.0) requires projects shall 
generate net positive impacts on the environment in the project region and on the social and 
economic wellbeing of communities involved. Potential on-site and off-site negative effects 
caused by the project activity will be mitigated, and rigorous social and environmental safeguards will be adhered to.
Projects must ensure that meaningful stakeholder consultation has taken place prior to the 
start of the project, and that the agreement of community members has adhered to the principle of 'free, prior and informed consent'.Three Rivers Standard - Standard document 10

2.14 Unambiguously owned

Emission reductions shall be the full legal property of the clearly identified project owner(s).

3 Project requirements

3.1 General

3.1.1 Compliance with regulatory framework and Standard requirements

The project shall respect all applicable laws of the People's Republic of China. Projects shall 
also comply with all  principles,  modalities and requirements of the Three Rivers Standard
(v.1.0). Projects may apply for registration in sectors for which the Three Rivers Standard has 
issued sectoral specifications and for activities for which the Standard has approved an accounting and monitoring methodology.

3.1.2 Tenure and use rights 

The project participant shall demonstrate tenure and / or use rights to the project area and 
relevant resources that are clearly defined, documented and legally established, including clear 
evidence that the duration of the tenure and / or use rights is at least as long as the crediting 
period.

3.1.3 Project crediting period

The crediting period for a Three Rivers Standard project activity is the period for which reductions or removal enhancements are verified and certified by an accredited third party validator/verifier for the purpose of issuance of Three Rivers Standard credits. The project crediting 
period for Three Rivers Standard projects producing only emission reductions or removals with 
no reversal or non-permanence risk shall be 10 years, and this may be renewed twice. For 
projects with a risk of reversal or non-permanence, the crediting period shall be a minimum of
20 years, renewable twice, and a maximum 60 years.   For land use based projects that only
reduce N2O or CH4 where there is no risk of reversal, the crediting period shall be 10 years, 
renewable twice.

3.1.4 Land use based projects

Agriculture, forestry, grassland-based livestock management, and other land use projects shall 
meet the modalities and requirements set out in the relevant sectoral specifications. Agriculture, forestry, grassland-based livestock management, and other land use project methodologies that have been approved by the CDM, the VCS or the China Green Carbon Foundation may 
be automatically approved by the Three Rivers Standard, but may also be subject to a review 
and revision process to account for specific conditions in the PR China. Existing methodologies 
from other GHG programs shall be subject to a review process as required by the methodology 
approval procedure document. Three Rivers Standard - Standard document 11

3.1.5 Project location

The Three Rivers Standard (v.1.0) is a private industry standard applicable to voluntary trade in 
GHG offsets originated in the PR China. All  project activities eligible under the Three Rivers 
Standard must be located within the boundaries of the People's Republic of China.
Project locations shall be specified by a single geodetic coordinate, except for land use based 
projects for which the  geographic location shall be specified using geodetic polygons. These 
coordinates shall be made available in the form of GIS-based files such as KML or shapefiles.

3.1.6 Project start date

The project start date is defined as the first day of operation of the project activity that generates GHG emission reductions or removal enhancements. For all Three Rivers Standard
projects, the earliest start date shall be later than 25th November 2009, the date on which 
China's State Council announced the objective to reduce emissions intensity by 40-45% compared to 2005 levels. Projects beginning before the issuing of the first version of this Standard 
shall provide written evidence that the purpose of adopting the activities was to reduce GHG 
emissions.

3.1.7 Project description

The project participant shall provide the following information in the PDD of a project :

1. Project title, purpose(s) and objectives

2. Type of GHG mitigation project

3. Project location (Province or Region, City or District/County/Town or township/ Village)

4. Roles and responsibilities of project participants and other relevant project actors

5. Conditions prior to the project start

6. Description of project technology, products, services

7. Estimated amount of GHG emission reductions and removals (tCO2e)

8. Summary of socio-economic impacts of the project

9. Summary of environmental impacts of the project

10. Outcomes of stakeholder consultations, plans to mitigate potential adverse impacts,
and mechanisms for ongoing communication
This shall be followed by the application of a suitable baseline and monitoring methodology,  a 
risk assessment and the assessment of socio-economic and environmental impacts.

3.1.8 Grouped projects

In general, projects will be fully planned before their first validation. However, where projects 
are designed to start with implementation of project activities on a portion of the project area 
and subsequently to add new areas within the project boundary or otherwise increase the 
number of new instances of application of the project within the project boundary, projects 
may be designed as grouped projects.  Grouped projects are permitted when the following 
conditions are met:

1. The initial project document presented for validation includes a clear project boundary
that includes both the initial and subsequent instances of the project;

2. The same baseline scenario applies to all initial and subsequent instances of the project;Three Rivers Standard - Standard document 12

3. The same methodology or methodologies are applied to the initial and subsequent instances, and the applicability conditions of the methodology or methodologies are met by 
all instances.
Where a project is a grouped project, new instances of the project can be added if the monitoring report provides sufficient evidence that conditions 1, 2 and 3 above have been met, and 
that each new instance of the project is additional as defined using the approach required by 
the applied methodology. 
Tenure and use rights shall be demonstrated from the date that the activities of each new instance begins. The crediting period shall be the same as for the initial instance of the project.

3.2 Accounting and monitoring of GHG Mitigation 

3.2.1 General

All projects shall use approved Three Rivers Standard accounting and monitoring methodologies and must comply with these methodologies in all respects. In fulfilling the detailed climate 
change mitigation requirements, the project participants shall use relevant current good practice guidance. The project proponent shall select and apply established criteria and procedures 
from a recognized origin (e.g. published literature). IPCC Good Practice Guidance shall serve as 
the guiding source for the assessment of GHG sources, sinks and reservoirs.  Where models are 
used to estimate changes  in GHG sources, sinks and reservoirs, model parameters shall be 
scientifically peer-reviewed. Any default factors and parameters shall be credible and comply 
with the Three Rivers Standard (v.1.0) principles, shall be adapted to local or regional conditions, and shall be scientifically substantiated.

3.2.2 Identification of GHG sources, sinks and reservoirs

The project boundary shall encompass all GHG sources, sinks and reservoirs under the control 
of the project participants that are significant and reasonably attributable to the project activities. The GHG sources, sinks and reservoirs shall be identified and assessed as set out in the 
accounting and monitoring methodology applied to the project.

3.2.3 Baseline scenario

Each project baseline scenario shall be selected in accordance with the criteria and procedures 
set out in the accounting and monitoring methodology applied to the project. The choice and 
selection of the accounting and monitoring methodology shall be credibly justified. 
In developing the baseline scenario, project participants shall select assumptions, values and 
procedures that help ensure that net GHG emission reductions and removals are not overestimated (i.e. are in compliance with the conservativeness principle).Three Rivers Standard - Standard document 13

3.2.4 Additionality

Additionality shall be evidenced as required by the accounting and monitoring methodology 
applied to the project. Methodological guidance on the demonstration of additionality is provided in section 6.5.

3.2.5 Quantification of GHG sources, sinks and reservoirs

The quantification of GHG emissions and/or removal enhancements shall be conducted in 
compliance with the accounting and monitoring methodology applied to the project.  All relevant GHG sources, sinks and reservoirs shall be quantified at least for the baseline scenario and 
for the project scenario.  
Additional relevant GHG emissions and/or removal enhancements may occur due to leakage 
and project emissions. In this case, quantification of these shall be conducted only for GHG 
emissions (not removals). If leakage or project emissions affecting a relevant GHG source, sinks 
or reservoir is not quantified, credible justification must be provided.

3.2.6 Monitoring 

Monitoring of GHG emission reductions and/or removal enhancements shall be conducted in 
compliance with the criteria and procedures as set out in the accounting and monitoring methodology applied to a project. Data parameters to be monitored and guidance on the monitoring plan are to be provided in the applied accounting and monitoring methodology.

3.2.7 Monitoring Plan

Project participants shall establish a monitoring plan in compliance with the methodology for 
obtaining, compiling and analyzing data and information that is relevant for quantifying and 
reporting GHG emission and/or removals.
The monitoring plan shall include:
a. Purpose of monitoring;
b. Responsibilities and institutional arrangements for data collection and archiving ;
c. Monitoring procedures, including estimation, modeling, measurement and calculation 
approaches and data sources;
d. Management of data quality including a description of quality management procedures to manage data and information and uncertainty;
e. Monitoring dates and frequencies.
A template for monitoring plans will be provided by the Three Rivers Standard (see Three Rivers Standard website, www.threeriversstandard.com).Three Rivers Standard - Standard document 14

3.2.8 Monitoring report

The monitoring report shall be submitted to an accredited verification body as a basis to conduct verification and certification of the emissions reductions and/or removal
enhancements 
from the project 
A template for monitoring reports will be provided by the Three Rivers Standard (see Three 
Rivers Standard website, www.threeriversstandard.com), and will include  the following components: 
a. Status of project activity implementation;
b. Status of approved monitoring plan;
c. Accounting and monitoring procedures used;
d. baseline emissions;
e. project emissions;
f. leakage emissions; and 
g. emission reductions achieved during the monitoring period;
h. Risk assessment
i. Socio-economic impacts
j. Environmental impacts

3.3 Non-permanence risk assessment

Land use based projects shall conduct a project based non-permanence risk assessment. For 
the non-permanence  assessment Three Rivers Standard will develop a non-permanence risk 
assessment tool that shall be used, and a risk assessment report shall be presented to the validation/verification entities.
Based on the risk assessment results, a certain percentage of the issued Three Rivers Standard
credits will be withheld and managed in a non-permanence risk buffer pool. The requirements
and procedures to be followed in the risk assessment and in management and operation of the
risk buffer  pool will be specified  elsewhere  (see Three Rivers Standard website, 
www.threeriversstandard.com).

3.4 Socio-economic impacts

All Three Rivers Standard projects must generate net-positive impacts on the project region 
and the socio-economic wellbeing of communities affected by project activities. Performance 
standards specifying the  criteria to be used in assessing whether projects have net-positive 
impacts will be specified  elsewhere  (see Three Rivers Standard website, 
www.threeriversstandard.com).Three Rivers Standard - Standard document 15

3.5 Environmental impacts

All Three Rivers Standard projects are subject to national laws on  environmental protection 
and environmental impact assessments, and must generate net-positive impacts on the environment in areas  affected by project activities. Where required by law, an EIA will be conducted. Additional requirements be used in assessing whether projects have net-positive impacts will be specified  elsewhere  (see Three Rivers Standard website, 
www.threeriversstandard.com).

4 Reporting requirements

4.1 General

Project participants shall ensure that all relevant project documentation and records are complete and transparent, and shall be available over the entire crediting period and two years 
thereafter.
Information on all projects applying for validation, and projects that have been validated and 
verified, shall be made publicly available on the project database for a public consultation period during validation and verification and thereafter. 
Commercially sensitive information shall be indicated and may be excluded from the project 
design documents posted publicly. Information related to the determination of the baseline, 
additionality, GHG emission reductions and/or removals, and monitoring shall not  be considered commercially sensitive.  
For documentation and communication with the validation entities and Standard bodies, the 
templates provided shall be used (see Three Rivers Standard website,
www.threeriversstandard.com).

5 Validation and Verification

5.1 General requirements
Validation/verification is the systematic process of independent evaluation of a project activity 
by an accredited third party against the requirements of the Three Rivers Standard (v.1.0) on 
the basis of the project design document (PDD). Validation is the process of determining that 
the project is eligible to be registered as a Three Rivers Standard project. Verification is the 
periodic review by an accredited third party that attests to the monitored ex-post GHG emission reductions and/or GHG removal enhancements that occurred as a result of the project 
activities, and a verification report attests that the project meets all requirements of the Three 
Rivers Standard (v.1.0). 
All projects shall be subject to a verification process at least every five years. The validation 
and verification procedure shall be conducted as laid out in ISO 14064:2006 Part 3 which de-Three Rivers Standard - Standard document 16
tails principles and requirements for validating and verifying GHG emission reductions and 
removal enhancement projects. 

5.2 Eligible third party validators/verifiers 

In order to facilitate efficient and cost-effective validation/verification systems, the Three Rivers Standard draws upon existing validation and verification bodies that are accredited by other GHG programs and that comply with ISO 14065:2007 and allows them to undertake validation and verification activities for Three Rivers Standard  projects within the scope for which 
these bodies have been approved.
Eligible validators and verifiers include:
- DOEs accredited for the CDM;
- Accredited VCS validators;
- Other classes of accredited agencies as approved by the Three Rivers Standard Association's Board of Directors.
A full list of approved validators/verifiers will be provided on the Three Rivers Standard website.
Validation/verification bodies shall be liable for over-issuance of  Three Rivers Standard VER
units. All validation/verification entities shall sign an agreement with the Three Rivers Standard 
Association prior to the first validation/verification process conducted by the entity. Copies of 
the standard agreement may be obtained from the Executive Committee.

5.3 Validation and verification approach

The validation/verification body shall report the results  of assessment in a validation report 
that shall be made publicly available, clearly stating whether the project complies with all requirements of the Three Rivers Standard (v.1.0). The final validation report shall take into account public comments.
The following aspects shall be considered in the validation / verification process.
The verification body shall:
2
1. Determine whether the project documentation provided is in accordance with Three 
Rivers Standard (v.1.0) requirements and information submitted in the project design 
document;
2. Conduct on-site inspections, as appropriate, that may comprise, inter alia, a review of 
performance records, interviews with project participants and local stakeholders, collection of measurements, observation of established practices and testing of the accuracy of monitoring equipment;
                                                          
2
See CDM rulebook.Three Rivers Standard - Standard document 17
3. If appropriate, use additional data from other sources;
4. Review monitoring results and verify that the monitoring methodologies for the estimation of reductions in anthropogenic emissions by sources have been applied correctly and their documentation is complete and transparent;
5. Recommend to the project participants appropriate changes to the monitoring methodology for any future crediting period, if necessary;
6. Determine the GHG emissions reduction and/or removals that would not have occurred in the absence of the Three Rivers Standard project, based on data and information derived under paragraph 1, 2 or 3 above, as appropriate, using calculation procedures consistent with those contained in the registered project design document 
and in the monitoring plan;
7. Identify and inform the project participants of any concerns relating to the conformity 
of the actual project activity and its operation with the registered project design document. Project participants shall address the concerns and supply relevant additional 
information;
8. Provide a validation/verification report to the project participants, and the Executive 
Committee. 
9. In case of verification, the monitoring report shall be made publicly available.
6 Methodology requirements
6.1 General requirements
All methodologies approved by the Three Rivers Standard shall meet the requirements of this 
chapter. The Three Rivers Standard (v.1.0) facilitates the development of new methodologies 
through a rigorous methodology approval process as outlined in the methodology approval 
process document (see Three Rivers Standard website, www.threeriversstandard.com). New 
methodologies may be submitted for approval in sectors for which the Three Rivers Standard 
has issued sectoral specifications. New methodologies shall comply with the relevant sectoral
specifications as required under the Three Rivers Standard
(v.1.0)( www.threeriversstandard.com).
The Three Rivers Standard automatically accepts methodologies that are approved by the 
Clean Development Mechanism, the Verified Carbon Standard (VCS) and the China Green Carbon Foundation for project activities that fall under the scope of the  Three Rivers Standard
(v.1.0) and that are based on the principles laid out in ISO 14064-2:2006. Other methodologies 
will be considered for approval by the Technical Committee after a thorough review of methodologies under other GHG programs as laid out in the methodology approval process document. As laid out in the methodology approval process, a detailed analysis shall be conducted 
prior to the development of a new methodology in order to verify whether already approved 
baseline and monitoring methodologies may be used. A list of approved Three Rivers Standard
methodologies will be made available on the Three Rivers Standard website.Three Rivers Standard - Standard document 18
Methodologies should be submitted for review and approval using the template on the Three 
Rivers Standard website. Methodology documents should present all algorithms, formulae, 
and step-by-step procedures needed to apply the methodology and to validate the project 
activity, including steps, procedures and calculations necessary to estimate baseline, project, 
and leakage emissions. Each methodology shall meet the requirements set out in the following 
paragraphs.

6.2 Applicability conditions

The methodology shall list any conditions which the proposed project activity must satisfy in 
order for the methodology to be applicable.

6.3 Project Boundary

If a standardized baseline approach  is taken in the methodology, the methodology shall describe and justify the physical delineation of the project boundary or the region to which a 
standardized baseline applies.
All methodologies shall identify and assess the GHG sources, sinks and reservoirs that are significant and attributable to the project activity. Explanation shall be given whether any source 
related to the baseline or the project activity (including leakage and project emissions) has
been excluded, and if so, justification shall be given. Conservative assumptions shall be made
in giving such justifications. Table 1 lists the types of GHGs that must be considered.
Table 1: Three types of GHGs that must be considered

6.4 Baseline Scenario

The baseline scenario reasonably represents the changes in GHG sources, sinks and reservoirs 
that would occur in the absence of the proposed project activity. The methodology shall describe criteria and a step-by step procedure for determining the most likely baseline scenario
in a transparent and conservative manner regarding the approaches, assumptions, parameters, 
data sources and key factors.  Three Rivers Standard - Standard document 19
The determination of the baseline scenario shall take into account the following:
a. Legally binding national and/or sectoral policies, and economic trends in the sector 
and geographic circumstances in conjunction with analysis of common practice in the 
project region or sector;
b. Existing or alternative project activities and technologies;
c. Data availability, reliability and limitations.

6.5 Additionality

All methodologies shall have a procedure for the determination and assessment of additionality. The Three Rivers Standard (v.1.0) allows for project-based additionality tests, and for performance based and/or technology standard tests. 

6.5.1 Project-based test

Project-based additionality tests may use the procedures set out in the CDM Additionality 
Tool.
3
Specifically, project participants shall provide evidence that the incentive from the 
planned sale of Three Rivers Standard credits was seriously considered in the decision to proceed with the project activity. This evidence shall be based on official, legal or corporate documentation that was available to third parties at, or prior to, the start of the project activity.
Legal test
Project participants shall demonstrate that project activities do not lead to any violation of
existing national laws or regulations.
Barrier test
A barrier test shall demonstrate that the implementation of the project activity faces at least 
one significant barrier, such as:
Investment barrier: Evidence shall be provided that the project faces lack of access to funds 
(e.g. lack of debt funding, no access to financial market capital, high perceived risks to investment) and that the additional income from the sale of Three Rivers Standard credits is a decisive incentive to implement the project activity. A solid quantitative investment analysis shall 
be presented in demonstrating an investment barrier. 
Institutional barrier: Evidence shall be provided that the project faces organizational, cultural 
or social barriers, limited capacity for implementation, lack of law enforcement, aversion to 
upfront costs,  or  lack of awareness  of project benefits. Evidence shall be provided by solid 
supporting documents.
                                                          
3
cdm.unfccc.int/methodologies/ARmethodologies/tools/ar-am-tool-01-v2.pdfThree Rivers Standard - Standard document 20
Technological: Evidence shall be provided that the implementation of the project faces technological barriers such lack of infrastructure for deployment of technology, R&D deployment 
risk, or lack capable staff and knowledge. 
Common practice test
The common practice test shall demonstrate that the implementation of the project activity 
exceeds common practice and that similar activities of similar scale, and/or in  a  comparable 
region or environment, investment climate, socio-economic conditions or regulatory framework, have not taken place without carbon finance.

6.5.2 Performance- or technology-based

The methodology approval process (v.1.0) encourages the development of standardized baselines under which project activities are automatically considered additional once a certain performance benchmark (e.g. as implied by adoption of a specific technology) is achieved. Specific 
requirements for standardized baseline methodologies will be released at a subsequent date
(see www.threeriversstandard.com).

6.6 Quantification of GHG source, sinks and reservoirs

Methodologies shall establish criteria and procedures to estimate, measure or calculate the 
GHG emissions and/or removals compared to the baseline scenario, and considering leakage, 
project emissions and project activities.  Methodologies shall provide a stepwise approach to 
determine the net GHG benefits as the difference between GHG emission reductions and/or 
removals from GHG sources, sinks and reservoirs relevant for the project scenario (including 
leakage and project emissions) and those relevant for the baseline scenario.  The quantification of GHG emission reduction and/or removal enhancements shall be conducted separately 
for each relevant GHG and its  corresponding GHG sources, sinks and/or reservoirs for the 
project and the baseline scenario. 
Methodologies shall elaborate on all algorithms and formulae used in the calculations. For 
those specific values that are used in a methodology:
a. The precise references shall be provided 
b. For values developed by project participants, the  methodology shall describe how 
these values were generated
c. The level of data acquired and the spatial level of data will be provided;
d. A description of how conservativeness of the values is ensured will be given.
The most recent IPCC default values should be used only when country or project specific data 
are not available or difficult to obtain.
Methodologies shall require selection or development of GHG emissions or removal factors 
that Three Rivers Standard - Standard document 21
- Are derived from a recognized origin (e.g. peer review literature)
- Are current at the time of quantification
- Take into account uncertainty .
Methods shall be used to estimate uncertainty, following the methods outlined in IPCC Good 
Practice  Guidance. Where appropriate, methodology elements shall estimate at least a 90 
percent confidence interval for estimated parameters. Where the width of the confidence 
interval exceeds 20% of the estimated value of the mean, a deduction for confidence shall be 
applied.
All GHG emission reductions and removals shall be expressed in tonnes of CO2 equivalent 
(tCO2e), using GWP conversion factors as accepted by the UNFCCC.
4

6.7 Monitoring requirements

Monitoring methodologies shall provide detailed information on the procedures to establish a 
monitoring plan for the collection and archiving of all relevant data and parameters needed.
Monitoring methodologies should reflect good monitoring practice appropriate to the type of 
project activity.

6.7.1 Data and parameters monitored

Methodologies shall provide a complete listing of data and parameters that need to be collected and archived over the project crediting period. This may include data that is measured, 
sampled and data that is collected from other sources.  Data that is determined once and will 
be applied over the entire project crediting period shall be considered under "data and parameters not monitored".   
The methodology shall indicate 
 What types of sources are suitable (official statistics, expert judgment, proprietary data, IPCC, commercial and scientific literature, etc.);
 The vintage of the data that is suitable; and
 The spatial resolution of data that is suitable.
Where uncertain data is permitted to be used in the application of a methodology, the principle of conservativeness shall be observed in ensuring that GHG emission reductions and/or 
removals are not overestimated.  

6.7.2 Monitoring plan

Methodologies shall set out the operational and management structures that the project operator will implement to monitor GHG emission reductions and/or carbon removals. The monitoring plan shall include:
a. The purpose of monitoring
                                                          
4
http://unfccc.int/ghg_data/items/3825.phpThree Rivers Standard - Standard document 22
b. Responsibilities and institutional arrangements for data collection and archiving 
c. Monitoring procedures including estimation, modeling, measurement and calculation 
approaches and data sources
d. Management of data quality including a description of quality management procedures to manage data and information and uncertainty.
e. Monitoring dates and frequencies.
Methodologies shall require that data should be archived electronically and be kept for at least 
2 years after the end of the last crediting period.




Yunnan this year will be built 18 low-carbon projects
 February 26, 2013

 

 

WASHINGTON reporter Yin Lei reported Recently, Yunnan Province Development and Reform Commission, the Yunnan Provincial Department of Finance issued a notice in 2013, a province-wide 18 new low-carbon demonstration projects, including two low-carbon industrial park, 2 low-carbon tourism area, 5 low-carbon schools.
 
Provincial Development and Reform Commission, the Provincial Department of Finance of the issued notice to carry out the first batch of low-carbon demonstration projects will save energy, water, recycling of resources, renewable energy applications and green consumption as the focus, in the industrial park tourist areas, schools, transportation, construction, hospitals and other areas, the construction of a number of demonstration projects. In 2013, a province-wide first batch of two low carbon industrial park, two low-carbon tourism area, five low-carbon schools, two low-carbon transport, two low-carbon buildings, five low-carbon Hospital demonstration projects.
 
 Demonstration projects need to have a strong demonstration and extension of meaning, in which low-carbon industrial park demonstration project to achieve efficient use of land, resources and energy and low-carbon management; demonstration projects of low-carbon tourism area belong to the national 4A level and above scenic spots , and with the management of low-carbon tourism products and facilities, low-carbon model. In addition, according to the notice, the construction of the demonstration project include building energy efficiency, energy-saving technologies and products to promote water conservation and resource recycling 7.
 
 Of the low-carbon demonstration projects being declared the Provincial Development and Reform Commission and the Provincial Department of Finance will work with the relevant departments of the application materials audit, the low-carbon work better foundation, demonstration building the main content and the overall targeted, less investment and quick, The declaration of the project to determine the province has a strong demonstration of significance been identified low-carbon demonstration projects will be given priority in the 2013 provincial low-carbon special guide financial support for demonstration projects.

              Chinese carbon emissions market to attract the first foreign investment 
March 20, 2013
     

Greenstream The carbon asset management company in Finland Greenstream purchase 1.2 million carbon credits from emission reduction projects created for the Chinese carbon market, to known foreign investments upfront for the emerging emissions market.

The company purchased about eight plans certified emission reduction credits (CCERs), most of the emission reduction credits for renewable energy alternative to coal-fired power plants.

"We hope to increase this number to about 12 million in the next six months to a year," and Karl Upston-Hooper, the general counsel of the company.

The company plans to offset the credit sold to face emissions limits.

China plans by 2020 to achieve a national trading mechanism to replace the current seven pilot emissions trading scheme, in order to achieve the goal of a 40-45% reduction in its 2020 economic carbon density.

 

                                 Climate financing gap ultra trillion to provide opportunities for private capital 
April 1, 2013

Chinese financing strategy to address climate change research report published recently in Beijing pointed out that the next few years, China's response to climate change will face a funding gap of more than one trillion, which requires the government to invest more public finance, also will the financial markets and The development of private capital the enormous space.

The study by the Climate and Energy Finance Research Center of the Central University of Finance and international non-profit organization The Climate Group took 9 months to complete. The report pointed out that climate finance actions to address climate change in a key position, in recent years, driven energy saving policies and clean technology opportunities in China, the rapid increase in funds to invest in low-carbon field, promote a decline in the growth rate of China's carbon emissions.

Following the Copenhagen Climate Change Conference 2020 GDP carbon intensity target of 40% -45% lower than 2005 levels, in the "12th Five-Year Plan, the energy consumption per unit of GDP by 2015 and carbon dioxide emissions to be reduced by 16% and 17%, respectively.

After calculation, the written report of the Task Force to ensure the achievement of the overall objective of China's response to climate change and the program of work, climate finance in China there is a larger gap. The report shows that in 2015 and 2020, every year in China total climate finance goal to reach 1.9632 trillion yuan and 2.4646 trillion yuan were 1.2219 trillion yuan and 1.401 trillion yuan, and the gap.

Participate in the Central University of Finance and director of the Center for Climate and Energy Finance report writing away in recent years, with the atrophy of the scale of public funds in developed countries, the international climate funds reduced supply, making the domestic public funds to play the leading role of climate finance. Due to climate financing development in China is still in its infancy, subject to the limitations of the management mechanisms and institutional policy system, the domestic financial markets have not been able to assume a proper role.

On the other hand, the financial markets and private capital is becoming the largest potential sources of climate finance in China. Compared with public funds, civil private capital is a major force in the international climate financing. According to statistics, the 2011 global climate financing private funds accounted for $ 217 billion, which is 10 times the total amount of public funds.


Shenzhen carbon emissions trading started in June 17
April 8, 2013

Shenzhen carbon emissions trading market in more than a year after the successful pilot, plans on June 17 this year, the national low-carbon officially launched the transaction has completed 635 industrial enterprises will be the first in the newly formed carbon emissions trading market on the lines of carbon verifiable . April 3, Mayor Xu Qin presided over the executive meeting convened 80 city government-fifth of secondary consideration and approved in principle by the city's carbon emissions trading pilot related matters.

In Shenzhen carbon trading pilot since the first in the country to carry out carbon trading legislation, the preparation of carbon emissions inventory to determine total control objectives, building a trading platform to develop the quota allocation scheme work the carbon verification has been completed and as the first on-line 635 enterprises of total carbon emissions in 2010 accounted for nearly forty percent of the city's total carbon emissions, covering industry, electricity, water supply, gas, and other fields. In accordance with the work plan, the city will be in the first half of this year, a one-time determine enterprise 2013-2015 the annual pre-allocated quota, since early 2014, according to the actual production of the enterprise last year to confirm the quota, the companies submit annually to their actual emissions are equal the quota, all quotas in the first stage (2013-2015) issued by the end of 2015 will be canceled. Into carbon trading control unit must undertake mandatory emission reduction obligations, city carbon emissions trading department in charge of the control unit does not comply with the mandatory emission reduction obligations, and will be punished accordingly.

The meeting pointed out that the implementation of the carbon emissions trading is the key to Shenzhen implement the scientific development concept, practice green low-carbon development, speed up industrial restructuring and upgrading, strengthen the core project of the construction of ecological civilization, Shenzhen to form a new competitive, to enhance the future competitive advantage path must promote qualified enterprises a comprehensive on-line transactions, and gradually form on the solid basis of the results achieved by the previous stage pilot with Shenzhen, radiation affecting the country's carbon emissions trading system, a national carbon emissions trading system, enhance the ecological the level of civilization to make a positive contribution.



Jiangxi built carbon emissions trading platform key enterprises will be mandatory emission reduction
April 8, 2013

March 27, Xinyu City, officially launched a carbon emissions trading platform construction. This is the province's first mandatory carbon emissions trading market: government emission targets assigned to focus on emissions enterprises, corporate emissions targets is not enough to buy trading platform, complete emission reduction mandate; corporate emissions targets have surplus sale in the trading platform . Xinyu hope that through this initiative, reaching Forced enterprises to speed up transformation and upgrading, green low-carbon development.

The so-called emissions trading, simply, that is the trading of carbon emission targets or emissions of major pollutants indicators.How to allocate the indicators, how to trade emission rights indicators on the Government or the legislature has enacted and promulgated a series of policy documents, it can be said that the emissions trading market is the market created by the Government, is a mandatory market.

Currently, there are no mandatory carbon emissions trading system is running, Shenzhen, Beijing, Tianjin and other cities are pilot carbon emissions trading, but were not officially running. Xinyu City, strive to initially set up the system of emissions trading system in Xinyu City in May, this will be the first province to implement mandatory carbon emissions trading city. In the future, will be gradually expanded to major pollutants such as sulfur dioxide, COD emissions trading.

Shenzhen initially identified nearly 800 companies in 26 industries included in the mandatory emission reduction list last year, its total carbon emissions account for Shenzhen in 2010, 54% of the total carbon emissions. Xinyu City, in accordance with the preliminary consideration, make annual emissions of 10,000 tons enterprises are included in the emissions trading system, which means the city will have a large number of enterprises will be put on the "straitjacket".

Xinyu City, the official said, the Expert Group has begun to investigate thoroughly and accounting for the city's corporate carbon emissions, the foundation for the future to determine emission targets, which is directly related to scientifically determine the emission reduction targets and allocation of emission targets. Enterprise and industry too little coverage, unfair and can not guarantee that the emission reduction goals. Emission reduction target is too high, businesses will bear a disproportionate burden, too low to reach emission reduction targets, each company has a surplus indicators, market transactions can not be truly up and running.

"Emissions trading is the trend of the times, we are forced to implement with, it is better to advance the implementation of accumulated experience." Xinyu City Vice Mayor Hu Gaoping recent city meeting said, Xinyu City, the old industrial base, a larger proportion of traditional industries . The country is to develop the total energy control policy, and if we do not implement industrial restructuring and upgrading, the bottleneck will face serious energy, resources and environment. Relying on administrative means coerced, companies will pay a heavy price through emissions trading, to promote technological innovation and application of lower abatement costs, and enable enterprises to win new market opportunities in the emission reduction.




Ministry of Environmental Protection requires 116 cities monitored issued before the end of PM2.5 monitoring data
April 8, 2013

Reporters learned from the 2013 National Environmental Monitoring work on-site meetings held in Nanchang, the 28th, China's Ministry of Environmental Protection has issued a notice of the second phase of the new air quality standards to monitor the implementation of program requires 116 cities across the country by the end of October 2013 carried out before the six indicators for monitoring PM2.5, including monitoring data released before the end of December.

The scope of the program include 449 monitoring sites in 116 cities, including 388 monitoring sites of 87 prefecture-level cities, 29 county-level National Environmental Protection Model City 61 monitoring sites. Program requirements, the Department of Environmental Protection (Bureau) of the provinces, autonomous regions, municipalities directly under the Central Government to speed up the organization to carry out the second stage of monitoring the implementation of new air quality standards in the area.

Wu Xiaoqing, Vice Minister of the Ministry of Environmental Protection, said that this is a hard task must be completed, and can not be shaken. Related areas to complete the installation and commissioning of the equipment before the October start trial operation, monitoring data released before the end of December.

The program automatically enabled on the regional air quality monitoring stations and the Beijing-Tianjin-Hebei, Yangtze River Delta, Pearl River Delta of three regional air quality warning center construction work before the end of 2014, the 2013 investment in the construction of regional air quality automatic monitoring stations to starts running.

Wu Xiaoqing, pointed out that, currently, the public concerned about the high quality information on the environment, the demand, the environmental protection department is not only not afraid to open, but also to take the initiative to disclose the environmental monitoring information, positive response from the people demands. 74 cities in 496 countries control air quality monitoring sites in 2012 the first phase of the implementation of new air quality standards, the new air quality standards in a timely manner to monitor and publish information, play an important role in response to heavy weather, pollution and protect the public health of role.



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#14216   Is the volume today Buys or sells? Poppys Stock 10/28/14 02:52:30 PM
#14215   I think its time to dump this. MykindoftownChicago 09/23/14 09:53:49 AM
#14214   Usually when it gets quiet stocks take off. MykindoftownChicago 09/02/14 11:01:32 PM
#14213   Go CBGH! Did not want this on other board. buffalo2222 08/23/14 02:28:32 PM
#14212   I got tired of waiting ! Sold. Took MrDemas 08/13/14 07:06:11 PM
#14211   It wasn't I. willi1 08/12/14 08:26:08 AM
#14210   not much else we can do at this point WhisperingEye 08/11/14 11:00:17 PM
#14209   I'm still a buyer here until we hear dlc7509 08/11/14 08:57:56 PM
#14208   Was that you that bought the .0017 today WhisperingEye 08/11/14 04:01:10 PM
#14207   Someoen bought 58,800 shares today on the ask WhisperingEye 08/11/14 04:00:23 PM
#14206   Somoene bought $100 today at the ask..... Why WhisperingEye 08/11/14 03:59:47 PM
#14205   Will the last person to leave please turn Poppys Stock 07/29/14 04:44:40 PM
#14204   LOL..... I wish we needed both! willi1 04/29/14 08:29:41 AM
#14203   Seat belt? I'm getting a full roll cage installed! NoWammiesSTOP! 04/28/14 06:08:37 PM
#14202   Let me put my seat belt on! willi1 04/23/14 04:28:40 PM
#14201   There's another $28.80. Poppys Stock 04/23/14 03:40:16 PM
#14200   To da moon! Ha Ha willi1 04/22/14 03:51:52 PM
#14199   Yeah, We are really cooking now! Poppys Stock 04/22/14 03:50:01 PM
#14198   Whoo Hooo!! $200.00 buy. willi1 04/21/14 04:35:12 PM
#14197   This is a miracle stock, Could be a WhisperingEye 04/10/14 11:33:41 PM
#14196   So, whats going on with this stock? i Headzo 04/08/14 06:07:58 PM
#14195   You got that right ! MrDemas 04/08/14 05:07:52 PM
#14194   would be nice if they would do something... WhisperingEye 04/08/14 02:22:56 PM
#14193   those two that I sent to the CEO, MrDemas 04/07/14 08:38:41 AM
#14192   How can one send a translated email Poppys Stock 04/07/14 08:02:07 AM
#14191   Well. Before I do anything else. Has anyone MrDemas 04/04/14 02:51:16 AM
#14190   Yup that we all knew a while ago. WhisperingEye 04/03/14 11:24:02 PM
#14189   Here's what I found out So Far !!! MrDemas 04/03/14 12:08:32 PM
#14188   See what I can find out! Hopefully something good. MrDemas 04/03/14 01:53:09 AM
#14187   Thee is still a lot of money sitting WhisperingEye 04/02/14 11:20:04 PM
#14186   Maybe call some of those US phone #'s. MrDemas 04/02/14 10:25:48 PM
#14185   In the past they didn't and only 1 WhisperingEye 04/02/14 08:01:15 PM
#14184   Wonder if anybody speaks English? MrDemas 04/02/14 07:51:55 PM
#14183   Yeah sucks we got to call at Midnight WhisperingEye 04/02/14 07:50:06 PM
#14182   You got that right. I'm traveling right now.will MrDemas 04/02/14 07:45:13 PM
#14181   I am still in this... Waiting... Waiting.. 3 WhisperingEye 04/02/14 06:38:48 PM
#14180   Nice bid support somone moved it up only WhisperingEye 03/31/14 02:46:36 PM
#14179   With the gap that already started it shows WhisperingEye 03/30/14 04:28:10 PM
#14178   I'm still waiting and when we do start dlc7509 03/30/14 02:40:55 PM
#14177   Well we are at the 3 year cycle WhisperingEye 03/30/14 02:05:36 PM
#14176   I hope so too. Will post when I MrDemas 03/28/14 12:08:52 PM
#14175   Thanks MrDemas, hope we (you) get something back. willi1 03/28/14 09:07:19 AM
#14174   Here's the email I sent them: MrDemas 03/27/14 10:48:39 PM
#14173   Yea as soon as you sell your pants. MrDemas 03/27/14 06:01:42 PM
#14172   I know... The chart set up with no WhisperingEye 03/05/14 07:40:32 PM
#14171   I'm afraid we don't move anywhere until the dlc7509 03/03/14 06:40:15 PM
#14170   Some one has the bid and ask 100,000 WhisperingEye 03/03/14 10:31:53 AM
#14169   3 Year Reversal, this set up to be WhisperingEye 03/02/14 11:07:42 PM
#14168   This should be the last low. Next Swing WhisperingEye 03/02/14 11:02:24 PM
#14167   News tonight. Beijing Smog hitting new highs. MrDemas 02/22/14 09:57:34 PM
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