An important factor in the pursuit of safe perioperative care for children is the access to reliable and safe monitoring techniques.Several recent studies in pediatric anesthesia have confirmed the importance of maintaining normal perioperative physiology to minimize morbidity and even mortality. 1,2 This makes the availability of advanced and reliable pediatric hemodynamic monitoring tools a crucial factor. To date, hemodynamic monitoring in children has, for technical reasons, mainly been limited to heart rate and blood pressure which is unsatisfactory since these parameters provide little or no information about blood flow ((e.g., cardiac output (CO)) and end-organ perfusion. In addition, most of the available cardiac output methodologies intended for children are non-continuous, invasive, require frequent calibrations and are cumbersome to use in neonates and infants. Thus, the development a minimally invasive, continuous, and easy-to-use method for cardiac output monitoring would represent a desirable advancement in pediatric anesthesia.An example of a technique that is associated with some of these qualities is dynamic capnography. Dynamic capnography determines changes in central hemodynamics by using small, predetermined variations in respiratory pattern, delivered by a standard ventilator. These variations create fluctuations in alveolar carbon dioxide (CO 2 ), analyzed using high-precision, fast response, mainstream capnography in combination with advanced mathematics. This enables breath-by-breath calculations of effective pulmonary blood flow (EPBF). In the absence of major pulmonary shunting, effective pulmonary blood flow can, in most situations, be regarded as equal to systemic cardiac ouput. 3 In addition, the method allows for real time, breath-by-breath assessment of mixed venous oxygen saturation (SvO 2 ), a valuable marker of the balance between whole-body oxygen delivery and consumption. By simultaneously monitoring cardiac output and SvO 2 , the dynamic capnography method has the potential to provide an extensive real time overall picture of the