 All CDM projects have to undertake
the following procedures:
Stage 1: Conception
of Project
Project participants should submit to the DNA a Project
Design Document (PDD) giving all required information,
including
a description
of the project,
how it would
assist the country in achieving its sustainable development,
and
the approved methodology
used in estimating the amount of certified emission reductions
(CERs) expected through the project.
Stage 2: Approval by
DNA
The DNA will, with the support of the National CDM Committee,
examine the PDD and issue the Host Country Letter of Approval
as required under the Kyoto Protocol,
subject to its likely contribution to the country’s sustainable development
and compliance with relevant national laws, amongst others.
Stage
3: Validation & Public
Comments
The next stage is validation, which is an evaluation of the proposed project
by an independent body called a designated operational entity (DOE) against
the requirements of the CDM, on the basis of the submitted PDD. During this
stage, the project is posted on the UNFCCC website, inviting for public comments.
A
focal point, designated by the project participants, is responsible to identify
a DOE,
which is recognized by the CDM Executive Board (a list of DOEs
is available on the UNFCCC website, click here for more details)
to follow-up throughout the validation process till its registration
with the CDM Executive Board.
Stage
4: Registration
After validation, the project is submitted to the CDM Executive Board located
in Bonn, Germany, for registration as a CDM project activity.
Stage 5: Certification/
Verification of the CDM project activity
The project is then subject to periodic independent reviews and monitoring
of reductions in anthropogenic emissions of greenhouse gases (verification)
by the DOE, which will thereafter issue a written assurance of the above (called
certification)
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