Below find a brief description and graphical representation of the CDM
project activity project cycle.
Project Activity
Design
The Project design document (CDM-PDD)
and the
Guidelines for completing CDM-PDD including a glossary of terms (Approval, authorization, project particpants etc.)
have been developed by the Executive Board on the
basis of Appendix B of the CDM modalities and procedures. Project participants
shall submit information on their proposed CDM project activity using the
Project design document (CDM-PDD).
Proposal of
a New Baseline and/ or Monitoring Methodology
The new baseline methodology
shall be submitted by the designated operational entity to the Executive
Board for review, prior to a validation and submission for registration
of this project activity, with the draft project design document (CDM-PDD),
including a description of the project and identification of the projectparticipants.
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Use of an Approved
Methodology
The approved methodology is
a methodology previously approved by the Executive Board and made publicly
available along with any relevant guidance. In case of approved methodologies
the designated operational entities may proceed with the validation of the
CDM project activity and submit project design document (CDM-PDD) for registration.
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Validation
of the CDM project activity
Validation is the process of
independent evaluation of a project activity by a designated operational
entity against the requirements of the CDM as set out in decision 17/CP.7,
the present annex and relevant decisions of the COP/MOP, on the basis of
the project design document, as outlined in Appendix B.
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Registration
of the CDM project activity
Registration is the formal acceptance
by the Executive Board of a validated project as a CDM project activity.
Registration is the prerequisite for the verification, certification andissuance of CERs related to that project activity.
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Certification/ Verification
of the CDM project activity
Verification is the
periodic independent review and ex post determination by the designated
operational entity of the monitored reductions in anthropogenic emissions
by sources of greenhouse gases that have occurred as a result of a registered
CDM project activity during the verification period. Certification is the
written assurance by the designated operational entity that, during a specified
time period, a project activity achieved the reductions in anthropogenic
emissions by sources of greenhouse gases as verified.
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