ABSTRACT
United Nations Framework Convention on Climate Change (UNFCCC) procedural and methodology barriers for renewable energy Clean Development Mechanism (CDM) projects fall into a variety of categories including the following: an unstable CDM market; complications that arise from countries having low emission factors and high levels of imported generation; misunderstanding of CDM methodology; adjustments made to build and operating margins and methodologies that do not promote the economic viability of projects; changing CDM methodologies; conflicts with the regulatory and financial additionality of projects; and the availability of carbon brokers and Designated Operational Entities (DOEs) in each country. The barriers for small-scale projects to earn Certified Emission Reductions (CERs) are many, and discussed thoroughly in Chapter 8, ‘Small-Scale Barriers’.
