A methodology is an application of an approach as defined in paragraph 48 of the CDM modalities and procedures, to an individual project activity, reflecting aspects such as sector and region. No methodology is excluded a priori so that project participants have the opportunity to propose a methodology. In considering paragraph 48, the Executive Board agreed that, in the two cases below, the
following applies:
(a) Case of a new methodology: In developing a baseline methodology, the first step is to identify the most appropriate approach for the project activity and then an applicable methodology;
(b) Case of an approved methodology: In opting for an approved methodology, project participants have implicitly chosen an approach.
SOURCE: GUIDELINES FOR COMPLETING CDM-PDD, CDM-NMB and CDM-NMM
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