The Clean Development Mechanism (CDM) Executive Board has reinstated DNV’s accreditation for the validation and verification of CDM projects. DNV took swift action to comply after a spot check in November.
DNV was one of the first organisations to be accredited according to the CDM, and has so far validated close to fifty per cent of the registered projects worldwide. Following the findings of the spot check in early November, the CDM Executive Board decided to temporarily suspend DNV’s accreditation for the validation and verification of CDM projects.
During the suspension period, validation and verification work relating to ongoing projects continued as usual. No projects could, however, be submitted to UNFCCC for registration or requested for issuance of certified emissions reductions. Due to the fact that the on-going projects were progressing normally during the suspension period, only a limited number of projects experienced a delay in their validation and verification processes.
The reinstatement also means that DNV again is allowed to do Joint Implementation (JI) and Voluntary Carbon Standard (VCS) work.
