Agenda item 4.2 Paragraph 101 of the annotated agenda PS, VVS and PCP implementation status update CDM EB 68 Bonn, Germany, 16-20 July, 2012 UNFCCC Secretariat SDM programme Background • EB 65 adopted: ‒ CDM project standard (PS) Requirements for PPs in designing and implementing projects/PoAs ‒ CDM validation and verification standard (VVS) Requirements for DOEs in validating projects and verifying emission reductions ‒ CDM project cycle procedure (PCP) Administrative steps to register projects/PoAs and issue CERs • PS, VVS and PCP consolidate all relevant requirements in previously existed various EB documents as well as created new or modified processes 2 Implementation timeline 2012 EB 66 March April May June July Aug Sep VVM Track PDD/MR publication Registration/issuance request Post-registration change VVS Track PDD/MR publication Registration/issuance request Post-registration change 3 Implementation status • New process (VVS track) is fully up and running from May 2012 as planned in time, including: − New direct communication with DOEs/PPs at the completeness check, information and reporting check, and review stages − New post registration change process − Modified process for requests for deviation from approved methodologies • Training on the PS-VVS-PCP to DOEs, and information dissemination to other stakeholders have been conducted • Clarification requests from stakeholders on the applicability of regulations (e.g. PDD forms) of the VVM track and VVS track have been responded to 4 Stakeholders input • Postponement of deadline for submissions under the VVM track has been requested by project participants on various occasions, including: − Input on EB 68 annotations: postpone until 31 January 2013 (PD Forum) 5 Expectations from the Board The Board is expected to: • Take note of the status of implementation of PS, VVS and PCP • Consider the request for postponement of the deadline for submissions under the VVM track 6
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