31 May 2012: During the second meeting of the High-Level Panel on the Clean Development Mechanism (CDM) Policy Dialogue, participants considered, among other things, initial results from research on the impact, governance and future context of the CDM.

At the meeting, which was held from 30-31 May 2012, in Frankfurt, Germany, the Panel also considered contextual issues such as the anticipated supply and demand of Certified Emission Reductions (CERs), the future evolution of carbon markets, and the place of CDM within them.

The Panel was established to conduct a dialogue on the past and future, and since March 2012, has been undertaking an extensive programme of meetings, including 17 stakeholder consultations. At this meeting, it also decided to finalize research and stakeholder consultations by-mid July and release its recommendations in early September. [CDM Press Release]