Types of baselines considered for the CDM shall include][The [COP/MOP][executive board] shall approve]:

Once adopted by the COP/MOP, the executive board shall make the adopted methodology publicly available.

A baseline methodology that has been approved by the [COP/MOP][executive board] and the designated operational entity determines that the methodology is appropriate to the circumstances of the project activity and has been properly applied; or An alternative baseline methodology, provided that the [COP/MOP][executive board] approves the methodology upon submission by the designated operational entity and following approval of the alternative methodology by the [COP/MOP][executive board], the designated operational entity determines that the methodology is appropriate to the circumstances of the project activity and has been properly applied.

A baseline shall be deemed to reasonably represent the anthropogenic emissions by sources [or anthropogenic enhancements of removals by sinks] that would occur in the absence of the proposed project activity only if it is derived using: A baseline methodology that has been approved by the [COP/MOP][executive board] and the designated operational entity determines that the methodology is appropriate to the circumstances of the project activity and has been properly applied; or An alternative baseline methodology, provided that the [COP/MOP][executive board] approves the methodology upon submission by the designated operational entity, and, following approval of the alternative methodology by the [COP/MOP][executive board], the

[[When approving ]The baseline for a project activity to reduce emissions by a new source [should], taking into account the observed trends, [represent][the [COP/MOP][executive board] shall consider] the lowest of:

Be subject to modalities and procedures specified in applicable decisions of the COP/MOP [and the executive board];

(d) Be subject to modalities and procedures specified in applicable decisions of the COP/MOP [and the executive board];

Methodologies approved by the [executive board][COP/MOP];or Modalities and procedures for a [new][first-of-a-kind] methodology;

The procedure will enter into force if the COP/MOP confirms that the Board may do so.

The accreditation body shall accredit independent entities, in accordance with the standards and procedures contained in appendix A and relevant decisions by the [executive board] [COP/MOP].