CDM Registry

Pending account

The main account in the CDM registry is known as the “Pending account”. This is the account where CERs, lCERs and tCERs are issued upon instruction by the EB and therefore contains all those units that have been issued and not yet forwarded to the holding accounts of project participants.

Decision 3 CMP/2005/8/Add.1 (paragraph 66) states that upon being instructed by the Executive Board to issue CERs for a CDM project activity, the CDM registry administrator, working under the authority of the Executive Board, shall, promptly, issue the specified quantity of CERs into the pending account of the Executive Board in the CDM registry, in accordance with Appendix D.

There is no specific time limit for CERs to remain in the Pending Account of the CDM registry and they are forwarded to the holding account of project participants in accordance with the modalities of communication in place at the time of the request. (See section How to forward CERs to a holding account of a project participant). Project participants should ensure the Share of Proceeds for administrative expenses (SOP Admin) has been paid in full in order to be able to request the forwarding of CERs.

Decision 7 CMP/2005/8/Add.1 paragraph 37 defines the resources for work on the clean development mechanism and establishes that the SOP Admin is to be calculated according to the following rule:

(a) USD 0.10 per certified emission reduction issued for the first 15,000 tonnes of CO2 equivalent for which issuance is requested in a given calendar year;

(b) USD 0.20 per certified emission reduction issued for any amount in excess of 15,000 tonnes of CO2 equivalent for which issuance is requested in a given calendar year;

Detailed information related to the issuance of CERs can be found in section “Issuance of CERs”