To obtain certified emission reduction credits from your CDM project, you have to follow certain steps required by the Kyoto Protocol and Marrakech Accords.
The process is divided into two phases:
- The project design phase leading up to the registration and implementation of the project.
- The operational phase where emissions reductions are verified.
What steps should I follow?
- Document the project design
You must develop a CDM Project Design Documentation (PDD). As an operating entity, we will validate the PDD. The PDD should describe:
- The project activity in general
- Baseline methodology
- Duration of the project activity/crediting period
- Monitoring methodology and plan
- Calculations of GHG emissions by sources
- Environmental impacts
- Stakeholders' comments
Information on formats and content requirements of a Project Design Document (PDD) can be found on the UNFCCC website. - Validate the documentation
Your PDD should be submitted for validation by an operating entity. During the validation, we will assess whether the project satisfies all CDM requirements, and consequently can earn emission credits. - Apply for registration
Following a successful validation, an application is made to the UNFCCC Executive Board (United Nations Framework Convention for Climate Change) for registration of the project as a CDM project. - Implement project
After your CDM project is registered, you can proceed with the implementation of the project and start operations. - Implement a monitoring scheme
Implement the registered monitoring plan and calculate the emission reductions as the difference between actual monitored emissions and the baseline emissions. The results should be summarised in a monitoring report. - Verification of monitoring report
A monitoring report shall be provided to the designated operating entity for verification. The report should include all necessary information on the relevant factors and key characteristics that are necessary to claim emissions reductions from the project in the applicable period. The project participants request verification at the intervals of their choice. - Submit for certification
Based on successful verification, the operating entity will determine the amount of emission reduction (CER) that will be forwarded to the Executive Board for issuance of the certified credit documentation.
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