The CDM Executive Board has decreed that all CDM projects requesting for registration will now have to show prior consideration of the fact that CDM benefits were considered necessary in order for the proposed CDM project activity to be successful.
The Board decided that for project activities with a starting date on or after 02 August 2008, the project participant must inform a Host Party DNA and/or the UNFCCC secretariat in writing of the commencement of the project activity and of their intention to seek CDM status. Such notification must be made within six months of the project activity start date and shall contain the precise geographical location and a brief description of the proposed project activity. Similarly the Board has issued a set of rules to demonstrate prior consideration of CDM for project activities with a start date before 2 August 2008. Complete details of these new rules can be found at: http://cdm.unfccc.int/EB/041/
The UN registration process for CDM projects is already suffering from protracted delays and it has received a fair share of criticism for its lengthiness, bureaucratic tape and lack of absolute clarity. Adding another step to the already long (and expensive) CDM registration process, will only lead to further delays. Small scale projects will be the hardest hit as project proponents usually do not have the resources to navigate the already complex UN CDM registration process.
It will be interesting to see how this extra step helps the Executive Board in making stronger and clearer assessments of a given CDM project.
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