CDM Registry - Opening of first Holding Accounts

The CDM Registry Administrator has the pleasure of announcing the opening of the first five temporary holding accounts in the CDM registry. These holding accounts will be able to receive CERs issued into the pending account for projects in which the account holders are registered participants. To date a total of 3,616,773 certified emission reductions (CERs) have been issued into the pending account of the CDM registry. These CERs have accrued from 6 separate projects, more details can be found on the CDM website at http://cdm.unfccc.int/Issuance. Of this amount 72,337 have already been forwarded to the holding account for the share of proceeds to assist in meeting costs of adaptation. The secretariat has advised the participants of these 6 projects that they may open holding accounts in the CDM registry, and instructed them on how they may do so. Following the opening of such accounts the secretariat will be able to accept requests for forwarding of CERs from the pending account to these accounts. Project Participants have also been instructed on how they may make such requests.