UNFCCC Loan Scheme for CDM

Welcome,
This site is an electronic loan application system. Loans are offered to provide financing for PDD development, validation and the 1st verification process. This includes: a) the preparation of the Project Design Document (PDD), b) the validation by a ‘Designated Operational Entity’ (DOE), c) verification of the first issuance of ‘Certified Emissions Reductions’ (CERs). 

Next application deadline: 30 September 2014.

Read more about the yearly application deadlines here.

Please note that in order to address the concern that the broadest possible access to the CDM Loan Scheme is ensured the Technical Review Committee will generally not allow more than one application from the same project developer to be approved at the same TRC meeting.

 

Loan Criteria

Loans may be extended to selected applicants following a thorough review and assessment process. The minimum eligibility criteria can be summarized as follows:

  • Projects must have a high probability of registration with the UNFCCC and  generating at least 7,500 CERs/year for projects in Least Developed Countries (LDCs), and 15,000 CERs/year in non-LDCs
  • Projects must be in host countries with less than 10 CDM project activities registered with the UNFCCC (as of 1 January of the year of submission).
  • Project documentation must be developed by an experienced CDM consultant
  • The loan must not “crowd out” other obvious funding for the development costs (like donor funding or funding by an already identified buyer of CERs from the project)
  • The CDM Loan Scheme is not established to retro-actively reimburse for past expenses but to provide funding for upcoming, outstanding expenses related to PDD development, validation and 1st verification.

Please note that CDM consultants will be constituted as legal signatories of the loan agreements. Read more about the role of the CDM consultant here. Any experienced, qualified and interested CDM Consultant can register for the CDM Consultant Roster in order to be considered to participate in the CDM Loan Scheme. Click Here to read full Terms & Conditions. You must accept the Terms & Conditions before you can apply for a loan or register as a CDM consultant

The Loan Scheme is collaboratively administered by the UN Office for Project Services (UNOPS) and the UNEP DTU Partnership on behalf of the UNFCCC Secretariat.

CDM Bazaar

  • Facilitating networking and knowledge exchange among CDM stakeholders from all over the world
  • Facilitating the identification of serious business partners at all stages in the CDM project cycle
  • Facilitating the development and enhancing the regional distribution of CDM projects