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Dovetailing my last blog on the decline of the CDM, I'm introducing a quarterly hydro CDM blog, which updates any CDM-nerds out there interested in the status of hydropower projects in the CDM. I also send out weekly email updates of CDM hydro projects and produce a monthly spreadsheet for your research and gleaning pleasure.
Updates:
This first quarter's update shows a clear decline in the number of CDM projects being submitted for public comment (the first stage of the CDM's formal project approval process). The number of hydro projects being submitted for comments appears to be dropping rapidly since peaking in 2007 (see right).
- While many hydro projects are still being registered, a significant number are undergoing review and corrections, and several have been outright rejected. The CDM Executive Board recently rejected four hydro projects that had been validated by TUV-SUD (see the UNFCCC list).
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Of the hydro projects that have requested registration, 69% have eventually been registered.
- Note that figures are based on the UNEP Risoe CDM/JI Pipeline Analysis and Database, which has a number of hydro projects without any updated status. These are what I'd like to call "in limbo" projects, trapped seemingly indefinitely in the black holes in the CDM project approval process.
Next update: June 2009