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Disqualifications |
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1 Nuclear Power
In terms of the Marrakech
accords nuclear power facilities are effectively disqualified
from earning CER's under the CDM. This can be seen as an
exception to the principle that host countries can determine
the content of sustainable development in that country.
2 Peremptory municipal legislation
Initially the position was that if the
project is directly or indirectly mandated by legislation in
the host country, it would not be eligible for CDM. This was changed by Executive Board 16 annex 3, which creates a complex but highly sophisticated set of rules for dealing with the matter and which largely removes the previous perverse incentive punishing countries with progressive policies on renewable energy.
3 Official
Development Aid (ODA)
If a project is financed by
pre-existing official development aid, it is not eligible for
CDM. This has potentially far-reaching results as some of
the annex 1 countries are both large providers of ODA and
large potential buyers of CER’s.
For information on
additionality, please use the menu at the left bottom of the
page.
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