UN suspends carbon credit verifier DNV
The United Nations CDM Executive Board has temporarily suspended Norwegian consulting firm DNV's powers for accrediting clean development mechanism (CDM) projects, prompting potential delays for project developers' issuance of Certified Emission Reduction (CERs).
DNV has validated close to half of the CDM projects registered so far by the UN. The suspension was triggered by a spot check on the company's operations in November, where five procedural 'non-conformities' under the Kyoto Protocol were identified.
According to a statement issued by the DNV, the non-conformities related to DNV's practices for internal audits; how the company documents the allocation of specific competencies to the projects and refers to emerging requirements for allocating
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