Standardized Crediting Framework: definition

The Standardized Crediting Framework (SCF) is a streamlined, country-owned emissions reduction crediting framework that improves transparency of national crediting decision making, reduces transaction costs, and shortens the time it takes to generate those emissions reductions. Developed and supported by the Carbon Initiative for Development (Ci-Dev), the SCF builds on the lessons learned from experiences with the Clean Development Mechanism (CDM) model, which was developed and used under the Kyoto treaty. This means that the SCF can help countries to access climate finance, lower transaction costs for emissions reduction crediting operations, and encourage private sector engagement in energy access.