The UNFCCC CDM Bazaar is a Web-based facility which serves as a
platform for exchange of information on Clean Development Mechanism (CDM)
The CDM Executive
Board, at its 21st meeting, in discussing work on the registration
of CDM project activities and related issues as part of the CDM
Management Plan, decided to "Make publicly available relevant
information, submitted to it for this purpose, on proposed CDM project
activities in need of funding and on investors seeking opportunities,
in order to assist in arranging funding of CDM project activities, as
In response to this mandate, the United Nations
Framework Convention on Climate Change (UNFCCC) Secretariat and the
UNEP Risoe Centre on Energy, Climate
and Sustainable Development (URC) have launched and manage the
UNFCCC CDM Bazaar.
- The UNFCCC CDM Bazaar covers supply
of and demand for CDM projects, i.e. the actions taken by project
sellers, buyers and service providers (in a broad sense). The key
objective of the Bazaar is to facilitate the creation of an
efficient global CDM market through sharing information related to
project activities and transactions of Certified Emissions
Reductions (CERs) among stakeholders worldwide.
- The UNFCCC CDM Bazaar is a global
"virtual information exchange place" open to all interested
parties. It aims to be a facilitating initiative that will help to
reduce transaction costs in the CDM project cycle as well as to
encourage increased information exchange and dialogue among current
and potential future project participants and other market players.
As such, the Bazaar will generally enhance the capacity of
Non-Annex I members of the UNFCCC.
- The UNFCCC CDM Bazaar functions as a
- The UNFCCC CDM Bazaar is not a
"deal-maker" as this function lies within the realm of private
sector intermediaries and service providers.
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