While publishing my last Instructable, I thought of an alternative version. It uses less cord, and in some ways is easier to construct.

To start off with you need:
Paracord - I used 2 metres, but could easily be narrowed down to less.
Karabiner - Used as the 'buckle'
Pants to hold up.

Step 1: Make Loop for the Karabiner

Make a loop in the end of your rope. It only has to be big enough to fit the karabiner through.

The easiest thing to do is fold the rope over and tie a overhand knot.
It should look like so:

Step 2: Tie the Munter Hitch

This is the 'brains' of the whole belt. This knot is usually used for belaying when only a karabiner is available.

Follow the three images. First a loop of rope is fed through the karabiner, then the free end of the loop goes back on itself.

Step 3: Tying It Off

The problem with the Munter hitch is that it won't stay put. That's why you need to tie it off. Here's how:

Lie the 'tail' over the other end (picture 1) bring it under, and through the hole (picture 2) Pull it tight.

This should hold your trousers up. If it doesn't, undo the 'tying off knot' and tighten the Munter hitch, then tie it off again.

Step 4: Fin. Kaput.Finis. Finish.

Done. You are the proud new owner of a paracord belt. If you want another way of making it, go to: Paracord Prussik Belt

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Cheers,
JavaNut