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UN Slows China Wind CDM Reviews
The United Nation's Clean Development Mechanism (CDM) Executive Board (EB) has refused to review more than 50 Chinese wind project CDM applications since the middle of this year due to concerns that the Chinese government has intentionally lowered subsidies to render the projects eligible for CDM registration, Oriental Morning Post reported quoting information from a Chinese CDM consulting company Accord Global Environment Technology. By October this year, the Chinese government had consented to 2,232 CDM candidate projects, of which 663 were successfully registered, the report said quoting National Development and Reform Commission (NDRC) official Sun Cuihua on November 19.
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