Frequently Asked Questions - Conclusion of CDM, winding down timelines and impact on transitioned projects
Background
At COP30 in Belém, Brazil, the CMP20 decided on Matters relating to the clean development mechanism (AUV). In line with this decision, the CDM will be phased down by 31 December 2026. Below frequently asked questions (FAQs) address some key questions on the decision’s impacts and the orderly phase down of CDM. This page will be updated with new inquiries. For additional questions, email cdm-registry@unfccc.int.
» 1. What key data does the CMP20 decision establish?
The CMP20 decision on matters relating to the clean development mechanism establishes the following key data and decision deadlines:
- CDM registry shall be disconnected from the international transaction log (ITL) on 31 March 2026 while maintaining the functions of issuance and cancellation in the registry;
- Submission of requests for issuance of certified emission reductions (CERs) shall be discontinued as of 30 June 2026;
- Submission of requests for transfer of CERs to the Article 6.4 mechanism registry, as well as cancellations of CERs and any other transactions in the CDM registry, shall be discontinued as of 31 December 2026;
- On 1 July 2027, any CERs remaining in pending accounts for which the Share of Proceeds (SoP) has not been paid to cover administrative expenses shall be administratively cancelled;
- CDM Registry shall cease all operations after the Registry Administrator administratively cancels, on 1 July 2027, any CERs for which the SoP for administrative expenses has not been paid.
» 2. Action timelines of the CDM registry for submissions
| Key Activity | Deadline* |
| Submission of requests to forward CERs to national registries |
10 March 2026 |
| Submission of VCP listing |
15 August 2026 |
| Submission of VCP purchases (for payments by bank transfer) |
30 September 2026 |
| SoP payment |
30 September 2026 |
| Submission of changes to modalities of communication (MoC)** |
15 November 2026 |
| Submission of requests for transfer of CERs to the Article 6.4 mechanism registry, as well as cancellations of CERs and any other transactions in the CDM registry |
25 November 2026 |
*Guaranteed processing of submissions received by this date.
**Timelines for the administrative withdrawal of project participants or the voluntary withdrawal of focal points shall be superseded by this rule where processing can otherwise not be guaranteed before the applicable deadline.
Kindly note that the decision deadlines require a preparatory phase to ensure that related operations can be completed on time. The secretariat cannot guarantee processing by 31 Dec 2026 for submissions received beyond the action timelines indicated above. Any decisions on the applicable timelines will be published on this page in a transparent and timely manner. We strongly recommend that you regularly consult this page for news and updates on this topic.
» 3. What is the impact of the ITL closure on 31 March 2026?
Information on the implications of the cessation of operations of the ITL has been published here: Registry Systems under the Kyoto Protocol | UNFCCC, per the request received from the CMP in Belém, in its decision entitled “Guidance relating to registry systems under Article 7, paragraph 4, of the Kyoto Protocol.”
» 4. Treatment of CERs and related transactions
» Can I cancel or transfer CERs held in the CDM registry past 31 December 2026?
No. As no further transactions including voluntary cancellations will be possible after 31 December 2026, any credits held in the CDM registry that are not transferred to the Article 6.4 mechanism registry (if eligible) or cancelled by the said deadline will be administratively cancelled. Detailed action timelines can be found in above section “Action timelines of the CDM registry for submissions”.
» What are the restrictions for use, transfer, or cancellation of CERs?
Decisions adopted at CMP20 specify that all CDM registry transactions should be completed by 31 December 2026. Administrative cancellation occurs on 1 July 2027. The CDM registry closes thereafter. Detailed action timelines can be found in above section “Action timelines of the CDM registry for submissions”.
» Until when can CERs be cancelled under the CDM for transitioned or deregistered projects?
All cancellations must be completed no later than 31 December 2026. For de-registered projects or programmes of activities/CPAs, indifferent if deregistered as such or due to transition, the applicable deadline is either the administration period of two calendar years (as per the amendments to version 03.0 of the project cycle procedure) or the 31 December 2026, in accordance with the CMP20 decision, whichever occurs earlier. Please refer to EB119_repan02_amendments to PCP-PA on transition and EB119_repan03_amendments to PCP-PoA on transition
» What happens to CERs that remain in the CDM registry after 31 December 2026?
CERs that remain in the CDM registry after 31 December 2026 can no longer be transferred, cancelled, or otherwise used through the registry; once these transactions stop, there is no further opportunity under the CDM registry framework for account holders or project focal points to influence the fate of CERs through registry actions, unless the CMP decides otherwise. In addition, any CERs for which no share of proceeds to cover administrative expenses has been paid and that remain in the pending account will be administratively cancelled on 1 July 2027.
» Can account holders retain CERs in the Article 6.4 mechanism registry after the CDM registry closure timeline?
Yes. CERs transferred to the Article 6.4 mechanism registry remain valid and active. They may be used towards achievement of first NDCs or other permitted purposes. CERs remaining in the CDM registry after the deadline of 31 December 2026 will be cancelled administratively.
» Is there an expiry date for CERs once transferred to the Article 6.4 mechanism registry?
No expiry date applies. The serial numbers will continue to be tracked.
» Can transferred pre 2021 CERs be voluntarily cancelled in the Article 6.4 mechanism registry?
Yes, they can be cancelled in the Article 6.4 mechanism registry. CERs transferred to the mechanism registry will fall under the regulations of Article 6.4.
» Will national registries be affected?
The secretariat does not regulate registries outside the CDM or Article 6 mechanism.
» 5. Issuance
» Until when can an issuance of CERs be requested?
Issuance requests may be submitted until 30 June 2026.
» 6. Registration fee and SoP
» Will unused registration fee for CDM projects be reimbursed or transferred to Article 6.4?
The registration fee for projects registered under the CDM mechanism is non-reimbursable after publication of the project, and it is not transferrable to the Article 6.4 mechanism. According to the fee schedule of the project cycle procedures EB111_repan10_PCP-PA_(v03.0) / EB111_repan11_PCP-PoA_(03.0) no reimbursement of the registration fee shall be made in any circumstances after the publication of the project.
Remaining balances of paid registration fees can only be credited to the SoP due for subsequent issuances under CDM within the commitment periods (CP) under the Kyoto Protocol and within the established deadline of 30 June 2026 for submitting requests for issuance. The registration fee cannot be used for any issuance beyond CP2 as it would fall outside the applicable Kyoto Protocol period. CDM and Article 6.4 (A6.4) are two different mechanisms.
» Will the SoP for CERs remaining in the CDM registry after 31 December 2026 be reimbursed?
» 7. Voluntary Cancellation Platform VCP and CTX Trading Platform
» What is the impact of the CMP20 decision on the VCP and on CTX?
The United Nations Carbon offset platform will be affected by this decision and the established deadline of 31 December 2026 for the voluntary cancellation of CERs. The phase down timeline for the platform is currently being assessed and will be submitted to the Executive Board of the CDM for their consideration.
The cooperation with our partner Carbon Trade Exchange (CTX) and their wholesale platform for larger scale sales of CERs for businesses, corporations, and institutional buyers will also be affected. The current agreement with CTX ends on 31 December 2026; the linking arrangement went first live in 2017. The winding down timeline for the platform is currently being assessed and will be communicated on this page.
» When is the deadline for listing a project on the VCP?
The deadline for listing new projects on the VCP is scheduled for 15 August 2026 allowing the secretariat enough time to do relevant checks and payments to be processed in a timely manner via bank transfer.
» When is the deadline for placing an order on the VCP?
The deadline for placing an order on the VCP will be determined in consultation with the Executive Board of the CDM. Proposed deadlines: 30 September 2026 for payments by bank transfer and 10 December 2026 for payments via PayPal.
» What will happen to CERs remaining on offer on the VCP or CTX beyond the deadlines identified by the Executive Board of the CDM?
CERs offered on the VCP are held in the pending account of the CDM registry and can be cancelled until the provided winding down timelines either for voluntary cancellations on the platform or for voluntary cancellation via the CDM workflow following the established procedure. CERs remaining in the CDM registry beyond the winding down timelines will be cancelled administratively in 2027.
CERs held in the CTX reserve account can be returned to the pending account at any time prior to the cited winding down timelines. CERs remaining on the CTX reserve account beyond the winding down timelines will be cancelled administratively in 2027. Please contact the secretariat at cdm-registry@unfccc.int for guidance.
» 8. Transfer of CERs to Article 6.4 Mechanism
» What are the conditions to transfer eligible CERs to the Article 6.4 Mechanism?
Decision 2/CMP 17 establishes the conditions under which CERs can be transferred. Please refer to section III. Transfer of certified emission reductions to the mechanism registry of the Article 6, paragraph 4, mechanism under the Paris Agreement.
Decision 3/CMA3, Annex, provides relevant information on the eligible CERs in section XI. Transition of clean development mechanism activities and use of certified emission reductions towards first nationally determined contribution, under B. Use of certified emission reductions towards first or first updated nationally determined contributions.
» What is the procedure to transfer eligible CERs to the Article 6.4 mechanism?
» Can CDM account holders send their CERs to any account in the Article 6.4 mechanism registry, or does it need to be their own account?
» Do CDM account holders need to be approved by the same Party in both registries?
» What new procedures apply to accept CERs in the Article 6.4 mechanism registry?
» 9. Transitioned projects
» What deadlines apart from the above-mentioned ones resulting from the CMP20 decision do apply for transitioned projects?
» Is a new MoC required once a project or PoA transitioned from CDM to Article 6.4?
No. The MoC submitted under CDM remains valid for projects or PoAs transitioned to the Article 6.4 mechanism.
» Is it currently possible to open an Article 6.4 mechanism registry account now?
Yes. Article 6.4 mechanism registry accounts can be opened after a project has fully transitioned, i.e. registered under the Article 6.4 mechanism and deregistered from the CDM. Host Party authorized participants may request to open accounts pursuant to the Procedure: Article 6.4 mechanism registry. The UserGuide_Interim_Mechanism_Registry is available to guide the process of opening an account in the interim mechanism registry and will link to the relevant forms.
» What is the effective date of deregistration from CDM and registration under the Article 6.4 mechanism?
The date of the formal approval by the Supervisory Body signals the effective registration under the Article 6.4 mechanism and deregistration from CDM for a project or programme of activity under transition. The transition procedure will no longer apply but the respective Article 6.4 procedures.
For CERs of transitioned projects or PoAs remaining under CDM that are not transferred to Article 6.4 the above mentioned CDM rules apply until 31 December 2026 or until the end of the two-year administration period – whichever is earlier.
» Do issuances under CDM automatically transfer to the Article 6.4 mechanism registry for transitioned projects?
» 10. Useful Links
- Article 6.4
- CDM Procedures
- Amendment to ver03.0 of CDM project cycle procedure for project activities on the transition of CDM activities to the Article 6.4 mechanism CDM-EB119-A02-AMEN, dated 27 September 2023 with entry into force on 1 January 2024.
- CDM project cycle procedure for programmes of activities, EB111_repan11_PCP-PoA_(03.0), dated 9 September 2021
- Amendment to ver03.0 of CDM project cycle procedure for programmes of activities on the transition of CDM activities to the Article 6.4 mechanism CDM-EB119-A03-AMEN, dated 27 September 2023 with entry into force on 1 January 2024
- Transition Procedure
Offset now: visit the United Nations Carbon Offset Platform
Connect with us: