CDM helps to implement greenhouse gas reduction projects in developing countries by public or private investors with the aim of:
The project compliance assessment is based on the United Nations Framework Convention on Climate Change (UNFCCC), the UN operational body on climate change, coordinating the implementation of CDM projects and accrediting third-party audit bodies, called Designated Operating Entities (DOEs).
RINA is a Designated Operational Entity (DOE) accredited by UNFCCC to conduct validations and audits of CDM projects in the following areas:
1. Energy Industries
2. Energy Distribution
3. Energy Requirement
4. Manufacturing Industries
5. Chemical industries
9. Production of Metal
10. Fugitive Emissions from Fuels
11. Fugitive Emissions from Production and Consumption of Halocarbons and Sulphur Hexafluoride
13. Waste Treatment and Disposal
14. Afforestation and Reforestation
Who presents a CDM project?
Public or private investors, belonging to industrialised or developing countries.
What is meant by validation and verification of projects?
It is an independent compliance assessment carried out by a third-party body, based on the CDM requirements available on the UNFCCC site.
How long does a validation process take?
On average between 9 months and 2 years: the duration depends to a large extent on the quality of the project presented.