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 500 101
84
23
70
Withdrawn
Request review
136
0 At validation
Rejected
Registered
Correction request
4362 CDM projects, 1243 registered, 888 issuances. Situation per December 2008, UNEP/Risoe and IGES data.
Request registration
8 Under review
Project developer writes PDD and submits to validator. Duration: about 6 months.
Validator checks PDD and additionality, puts PDD on website. Eventually a request for registration is submitted. 2767 projects in this phase.
Once project is registered, the project developer carries out monitoring plan, makes monitoring report and submits to verifier. 1243 projects registered.
Registration & Issuance Team [RIT] carries out completeness check and may call for a review. 179 projects in review process [request review, review, request corrections]
Verifier checks monitoring report and uploads it to UNFCCC website. 888 issuances. Executive Board [EB] approves registration of project & 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 public comments to issuance
1,000
days
800 600 400 200
1100 days from publication on website to issuance. Situation 10.12.08, IGES data. Note that this period includes monitoring.
Oct-Dec 2008
Jul-Sep 2008
Apr-Jun 2008
Jan-Mar 2008
Oct-Dec 2007
Jul-Sep 2007
Apr-Jun 2007
Jan-Mar 2007
Oct-Dec 2006
Jul-Sep 2006
Apr-Jun 2006
Jan-Mar 2006
Oct-Dec 2005
Jul-Sep 2005
Apr-Jun 2005
Jan-Mar 2005
Oct-Dec 2004
0
600 reviews requested - registration reviews undertaken - registration reviews requested - issuance reviews undertaken - issuance
500 400 300 200 100
Oct-Dec 2008
Jul-Sep 2008
Apr-Jun 2008
Jan-Mar 2008
Oct-Dec 2007
Jul-Sep 2007
Apr-Jun 2007
Jan-Mar 2007
Oct-Dec 2006
Jul-Sep 2006
Apr-Jun 2006
Jan-Mar 2006
Oct-Dec 2005
Jul-Sep 2005
Apr-Jun 2005
Jan-Mar 2005
Oct-Dec 2004
0
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
[email protected] www.carbonmetrics.com