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Progress on CDM registry development Inter-sessional consultations on registry systems Bonn, Germany 8-10 November 2004. Toshiaki Nagata UNFCCC secretariat www.unfccc.int tnagata@unfccc.int. CDM Registry.
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Progress on CDM registrydevelopment Inter-sessional consultations on registry systems Bonn, Germany 8-10 November 2004 Toshiaki Nagata UNFCCC secretariat www.unfccc.int tnagata@unfccc.int
CDM Registry • Standardized electronic database for ensuring accurate accounting of CERs, tCERs and lCERs • To issue units and them to national registries • To have temporary holding accounts for Annex I Parties to receive credits, until national registries are established • To be administered by the secretariat under authority of EB • To start operation in 2004 and connect to the ITL in 2005 • Developer selected through UN procurement procedures
Selected vendor Perrin Quarles Associates Inc (PQA) • Based in Virginia, USA • Established in 1979 Business activities • Design and support of information systems • Support for regulation development and implementation • Registry system for SO2 and NOx trading in USA • Development of Emission Allowance Tracking System (EATS) • Involvement in state-level trading schemes in USA • Peer review of transaction log development under the EU trading scheme (for the European Commission)
Overall approach Two phase development • Registry not connected to the ITL issuance and distribution within the CDM registry by the end of November 2004 • Registry connected to the ITL transfer to participants’ accounts in national registries by June/July 2005 (in parallel with ITL development) • Contractor to ensure registry functioning (deploy, test, handover, initialize, document, train) • Options still open on longer-term hosting • Contractor available for operational support for 3 years