The International Petroleum Industry Environmental Conservation Association (IPIECA) has launched its Clean Development Mechanism (CDM) Navigator - A web-based portal to project development guidance and project type specific information:

Certified Emission Reductions (CERs) issued by the CDM Executive Board for verified emission reductions from approved and registered CDM projects could be used by companies to fulfill their emission reduction or limitation obligations according to national legislation or could be sold on a market. CERs are also eligible commodities in the EU emission trading system .

The purpose of this website is to provide guidance for companies, in particular within the petroleum sector, considering submitting emission reduction projects for approval as CDM projects. The CDM Navigator provides a simple and useful portal to up-to-date guidance on the approval processes of the CDM as well as information of specific relevance to the development of oil and gas sector emission reduction projects.

For more information about IPIECA you may go to their website