The Executive Board of the Clean Development Mechanism (CDM) has agreed on a range of changes to the Mechanism's rules and processes, with the aim of streamlining and simplifying it.
16 October 2016: The Executive Board of the Clean Development Mechanism (CDM) has agreed on a range of changes to the Mechanism’s rules and processes, with the aim of streamlining and simplifying it.
The Board agreed on the changes during its 86th meeting (CDM EB86), which took place the 12-16 October 2015 in Bonn, Germany. The Board considered the concept note on the proposed changes and agreed on the direction of several of the proposals, including: streamlining the methodology development, revision and clarification processes; providing options to submit a letter of approval; allowing voluntary update and change of methodology after registration; and increasing flexibility in changes to the start date of the crediting period. It requested the Secretariat to prepare draft revised regulatory documents based on the proposals for consideration at a future Board meeting.
In addition, at the meeting, the Board agreed to its annual report to the 11th session of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol (CMP 11), covering the period from 1 October 2014 to 16 October 2015. It requested the Secretariat to finalize the report, which will be published on the UNFCCC and UNFCCC CDM websites once completed. The Board also approved and adopted the proposed standardized baseline submission ‘PSB0028: Institutional cook stoves in Uganda.’ [Publication: Report of CDM EB86] [CDM Press Release] [CDM EB 86 Webpage]