Pending Account

The pending account of the Executive Board is an account within the CDM registry into which certified emission reductions (CERs) are issued by the CDM registry administrator on the request of the Executive Board. Once issued into the pending account, the focal point for the project can issue a request for distribution so that the CERs may be transferred from the pending account into the appropriate national registry accounts of the project participants.

The issuance of CERs into the pending account is described in 3/CMP.1, Annex, paragraph 66:

Upon being instructed by the Executive Board to issue CERs for a CDM project activity, the CDM registry administrator, working under the authority of the Executive Board, shall, promptly, issue the specified quantity of CERs into the pending account of the Executive Board in the CDM registry, in accordance with appendix D below (3/CMP.1, Annex, paragraph 66).

Related Topics

What is issuance? (P)

Certified emission reductions (CERs)

CDM registry

Executive Board

CDM registry administrator

Holding accounts