UNFCCC official: Exec Board to announce CDM changes
In a move designed to better streamline the development of Clean Development Mechanism (CDM) projects, the CDM Executive Board (EB) is set to announce some changes to the CDM technical framework, a United Nations Framework Convention on Climate Change (UNFCCC) official has told Energy Risk.
One of the proposals is to increase the time project developers have to respond to queries on their projects, says John Kilani, director of the sustainable development mechanisms (SDM) programme at the UNFCCC.
Market participants are likely to welcome any development that could channel more investment into CDM projects. The willingness of the CDM board to look at changing the technical framework
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