Record of project and issuance reviews based on DOE non-compliance newsletter 6
Summary
Carbon Market Watch highlights a record increase in the number of CDM projects and CER issuances under review by the Executive Board due to the poor performance of Designated Operational Entities (DOEs). The document criticizes the current policy framework for lacking substance and proposes specific transparency measures and sanctions, including automatic suspensions and financial penalties, to ensure the integrity of carbon credits.
Key insights
- The number of projects under review by the Executive Board has reached record levels, with 117 projects slated for discussion during the 52nd EB meeting, including 82 requested reviews and 35 projects already under review that may be rejected.
- There is a growing number of reviews regarding the issuance of Certified Emission Reductions (CERs), with the Board checking 23 projects for the issuance of 4,587,937 CERs, valued at over 55 million euros, while four other issuance requests are already under review.
- The Executive Board has begun responding to the poor performance of DOEs through the suspension of DNV and SGS, and spot checks of TÜV-SÜD and TÜV-NORD that may lead to further suspensions.
- Carbon Market Watch argues that the current policy framework to monitor DOE performance lacks substance and recommends a system of automatic sanctions: suspension after three failures to meet key requirements, automatic spot checks after two requested reviews, and financial penalties for failing to meet requirements.
Cite the original document
- APA
- CMW (2010). Record of project and issuance reviews based on DOE non-compliance newsletter 6. Carbon Market Watch. https://carbonmarketwatch.org/2010/02/09/record-of-project-and-issuance-reviews-based-on-doe-non-compliance-newsletter-6/
- Chicago
- CMW. Record of project and issuance reviews based on DOE non-compliance newsletter 6. Carbon Market Watch, 2010. https://carbonmarketwatch.org/2010/02/09/record-of-project-and-issuance-reviews-based-on-doe-non-compliance-newsletter-6/.
- Wikipedia
- {{cite press release |last1=CMW |title=Record of project and issuance reviews based on DOE non-compliance newsletter 6 |publisher=Carbon Market Watch |date=9 February 2010 |url=https://carbonmarketwatch.org/2010/02/09/record-of-project-and-issuance-reviews-based-on-doe-non-compliance-newsletter-6/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{cmw2010record, author = {CMW}, title = {{Record of project and issuance reviews based on DOE non-compliance newsletter 6}}, publisher = {Carbon Market Watch}, year = {2010}, month = feb, url = {https://carbonmarketwatch.org/2010/02/09/record-of-project-and-issuance-reviews-based-on-doe-non-compliance-newsletter-6/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
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