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CDM 2008

Henk Harmsen
Henk Harmsen

This document summarizes statistics on the Clean Development Mechanism (CDM) project cycle as of December 2008. It reports that there were over 4,300 CDM projects, with 1,243 registered and 888 issuances of Certified Emission Reductions. On average, it took 1,100 days from a project being published online to issuances being made. The registration review rate was 26% and issuance review rate was 24%, with a combined 43% chance of a project progressing without review.

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CDM 2008 Statistics using UNFCCC, IGES and UNEP/Risoe data
Present rate of issuance would lead to 1.3 Gt CERs issued by 31.12.12. Horizontal distance between curves gives average time to issuance: 1100 days. Situation 10.12.08, UNFCCC data.
As per 10 December 2008: Registered: 1164 1258 projects registered, 1387 Mt emission reductions. Situation 10.12.08; UNFCCC data.
229 Mt issued, 888 issuances. Situation 10.12.08, UNFCCC data.
3000 2697 2500 2000 1500 1243 1000 500 136 101 84 70 23 8 0 At validation Rejected Registered Correction Withdrawn Request Request Under review request review registration 4362 CDM projects, 1243 registered, 888 issuances. Situation per December 2008, UNEP/Risoe and IGES data.
Registration & Issuance Team [RIT] carries out completeness check and Project developer Validator checks PDD and may call for a review. writes PDD and additionality, puts PDD on 179 projects in review process submits to validator. website. Eventually a request for [request review, review, request Duration: about 6 registration is submitted. 2767 corrections] months. projects in this phase. Once project is Verifier checks registered, the project monitoring report and developer carries out uploads it to UNFCCC monitoring plan, makes website. monitoring report and 888 issuances. submits to verifier. Executive Board [EB] approves 1243 projects registration of project & registered. issuance of CERs. Time between publication of PDD and first issuance: 1100 days.
Issuance success 1: emission reduction in the PDD matched with the emission reductions during the first verification. About 2/3 of projects perform lower than expected. Situation per December 2008, UNEP/Risoe data.
1,200 public comments to registration registration to issuance 1,000 public comments to issuance 800 days 600 400 200 0 Oct-Dec 2004 Jan-Mar 2005 Apr-Jun 2005 Oct-Dec 2005 Jan-Mar 2006 Oct-Dec 2006 Jan-Mar 2007 Apr-Jun 2007 Oct-Dec 2007 Jan-Mar 2008 Apr-Jun 2008 Oct-Dec 2008 Jul-Sep 2005 Apr-Jun 2006 Jul-Sep 2006 Jul-Sep 2007 Jul-Sep 2008 1100 days from publication on website to issuance. Situation 10.12.08, IGES data. Note that this period includes monitoring.
600 reviews requested - registration reviews undertaken - registration 500 reviews requested - issuance reviews undertaken - issuance 400 300 200 100 0 Oct-Dec 2004 Jan-Mar 2005 Apr-Jun 2005 Oct-Dec 2005 Jan-Mar 2006 Oct-Dec 2006 Oct-Dec 2007 Oct-Dec 2008 Jul-Sep 2005 Apr-Jun 2006 Jan-Mar 2007 Jul-Sep 2006 Apr-Jun 2007 Jan-Mar 2008 Jul-Sep 2007 Apr-Jun 2008 Jul-Sep 2008 Registration process: review rate 26%. Issuance process: review rate 24%. Combined: 43% chance that project is registered & issued without review. Situation 10.12.08, IGES data.
Henk Harmsen henk@carbonmetrics.com www.carbonmetrics.com

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CDM 2008

  • 1. CDM 2008 Statistics using UNFCCC, IGES and UNEP/Risoe data
  • 2. Present rate of issuance would lead to 1.3 Gt CERs issued by 31.12.12. Horizontal distance between curves gives average time to issuance: 1100 days. Situation 10.12.08, UNFCCC data.
  • 3. As per 10 December 2008: Registered: 1164 1258 projects registered, 1387 Mt emission reductions. Situation 10.12.08; UNFCCC data.
  • 4. 229 Mt issued, 888 issuances. Situation 10.12.08, UNFCCC data.
  • 5. 3000 2697 2500 2000 1500 1243 1000 500 136 101 84 70 23 8 0 At validation Rejected Registered Correction Withdrawn Request Request Under review request review registration 4362 CDM projects, 1243 registered, 888 issuances. Situation per December 2008, UNEP/Risoe and IGES data.
  • 6. Registration & Issuance Team [RIT] carries out completeness check and Project developer Validator checks PDD and may call for a review. writes PDD and additionality, puts PDD on 179 projects in review process submits to validator. website. Eventually a request for [request review, review, request Duration: about 6 registration is submitted. 2767 corrections] months. projects in this phase. Once project is Verifier checks registered, the project monitoring report and developer carries out uploads it to UNFCCC monitoring plan, makes website. monitoring report and 888 issuances. submits to verifier. Executive Board [EB] approves 1243 projects registration of project & registered. issuance of CERs. Time between publication of PDD and first issuance: 1100 days.
  • 7. Issuance success 1: emission reduction in the PDD matched with the emission reductions during the first verification. About 2/3 of projects perform lower than expected. Situation per December 2008, UNEP/Risoe data.
  • 8. 1,200 public comments to registration registration to issuance 1,000 public comments to issuance 800 days 600 400 200 0 Oct-Dec 2004 Jan-Mar 2005 Apr-Jun 2005 Oct-Dec 2005 Jan-Mar 2006 Oct-Dec 2006 Jan-Mar 2007 Apr-Jun 2007 Oct-Dec 2007 Jan-Mar 2008 Apr-Jun 2008 Oct-Dec 2008 Jul-Sep 2005 Apr-Jun 2006 Jul-Sep 2006 Jul-Sep 2007 Jul-Sep 2008 1100 days from publication on website to issuance. Situation 10.12.08, IGES data. Note that this period includes monitoring.
  • 9. 600 reviews requested - registration reviews undertaken - registration 500 reviews requested - issuance reviews undertaken - issuance 400 300 200 100 0 Oct-Dec 2004 Jan-Mar 2005 Apr-Jun 2005 Oct-Dec 2005 Jan-Mar 2006 Oct-Dec 2006 Oct-Dec 2007 Oct-Dec 2008 Jul-Sep 2005 Apr-Jun 2006 Jan-Mar 2007 Jul-Sep 2006 Apr-Jun 2007 Jan-Mar 2008 Jul-Sep 2007 Apr-Jun 2008 Jul-Sep 2008 Registration process: review rate 26%. Issuance process: review rate 24%. Combined: 43% chance that project is registered & issued without review. Situation 10.12.08, IGES data.