Perspectives project risk assessment
Effective identification of high-quality project proposals for CER/ERU buyers

No matter if you are a company and looking for CERs/ERUs for compliance purposes in the EU Emissions Trading System, if you operate a CER/ERU fund or if you manage a CER/ERU purchase programme, you need to make sure that the CDM/JI projects you invest in are worthwhile.

 

We at Perspectives have the required expertise to clearly and reliably identify the risks associated with the CDM/JI project offered to you in terms, for example, of the

• probability of achieving CDM/JI validation/registration,
• probability of the estimated CER/ERU amounts materialising, and
• timelines for potential registration of the project as a CDM/JI project.
  
  

Besides the conventional CDM project risk assessment, we also perfrom ratings of Programmes of Activities (PoAs) for governmental purchase programmes as well as private buyers.

Our independent assessment reflects the current status of UNFCCC-regulations as well as the situation in the host country while including empirical evidence from validated and registered CDM/JI projects. Perspectives maintains a database of all CDM/JI projects that have been submitted since December 2003. We are therefore in a unique position to provide you with precise information on how the CDM/JI projects of the type you have been offered have fared under CDM/JI so far.

 

This includes such information as:

• an overview of  the estimated CER/ERU volumes of all projects of the same kind in validation stage or registered CDM projects, and
• the investigation of the deviation (in %) from issued CERs/ERUs to estimated CER/ERU volumes from registered projects.
  
  

 

Perspectives has already evaluated more than 30 CDM project proposals in PIN and PDD stage for a number of clients such as KfW-Klimaschutzfonds, Deutsche Gesellschaft für Technische Zusammenarbeit (GTZ), and ORBEO. As a result, we have a highly experienced team for project risk assessment. 

 

Dr. Axel Michaelowa, who is a member of the Registration and Issuance Team (RIT) of the CDM Executive Board, has evaluated approx. 50 projects since March 2006, ranging from biomass and hydropower to agricultural waste, waste heat recovery and cement blending. Axel Michaelowa’s reports have repeatedly led to action by the CDM EB. Moreover, his comments as an independent observer caused the CDM to reject two wind power projects in India and a gas power plant in Argentina.  Axel Michaelowa clearly has ample experience in finding weak spots in PDDs, and he has passed the benefit of this experience on to all of Perspectives’ staff members.

 

 

Project Name	Client	Project Description	Location	Duration
Cement industry	confidential	PDD review and improvement of a waste heat recovery project in cement industry	Latin- America	2009
Cement industry	confidential	PDD review and improvement of a cement blending project	Latin- America	2009
hydro power	confidential	Risk assessment report with regard to WCD compliance for a hydro power plant	confidential	2009
New energy efficiency project type	confidential	Risk assessment report for a new type of CDM project in energy efficiency with regard to methodology applicability and additionality	confidential	2009
CFL dissemination	confidential	Risk assessment report for a CDM project involving the large-scale distribution of energy saving lamps (CFL)	confidential	2009
CCNG	Allplan	PDD review and improvement	Macedonia	2009
Project summary report: biomass	confidential	In-depth analysis on regulatory risks and CER performance of biomass projects in CDM	-	2009
Project summary report on hydro power	confidential	In-depth analysis on regulatory risks and CER performance of hydro power projects in CDM	-	2009
Project summary report: landfill gas	confidential	In-depth analysis on regulatory risks and CER performance of landfill gas projects in CDM	-	2009
Project summary report: waste heat recovery	confidential	In-depth analysis on regulatory risks and CER performance of waste recovery projects in CDM	-	2009
Hydro Power	confidential	Risk assessment report	China	2008
Hydro Power	confidential	Risk assessment report	China	2008
Due Diligence reforestation	confidential	Due diligence for a CDM reforestation project for commercial wood production	Tanzania	2008
CDM project risk mitigation handbook	confidential	Purpose of the practical handbook is to assisst originators to identify projects that carry significant registration and reputational risks	--	2008
WCD compliance report	confidential	Analysis of the historic approval practice of large hydro power of five EU member states	EU	2008
PDD review hydro power	confidential	PDD review and improvement for a hydro power plant	India	2008
PDD review supercritical power generation	confidential	PDD review and improvement for a supercritical coal- fired power plant	China	2008
PDD review hydro power	confidential	PDD review and improvement for a hydro power plant	China	2008
PDD review hydro power	confidential	PDD review and improvement for a hydro power plant	China	2008
PDD review hydro power	confidential	PDD review and improvement for a hydro power plant	China	2008
PDD review coal mine methane	confidential	PDD review and improvement for a coal mine methane project	China	2008
Risk assessment landfill gas	confidential	Risk assessment report landfill gas CDM project	Peru	2008
Risk assessment landfill gas	confidential	Risk assessment report landfill gas CDM project	Argentina	2008
PDD review large hydro power plant	confidential	PDD review and quality improvement for a large scale hydro power plant	India	2008
Risk assessment power generation	confidential	PIN evaluation of a greenfield waste gas recovery project for power generation.	China	2008
Risk assessment afforestation II	confidential	PIN evaluation of an afforestation project for charcoal production.	Africa	2008
Risk assessment Power Plant ME	International CER-Fund	PIN assessment of conversion from single-cycle to combined-cycle and fuel switch from oil to gas in a power plant.	Middle East	2007
Desk reviews of CDM methodologies*	UNFCCC Secretariat	Review of 11 baseline and monitoring methodologies submitted to the CDM Executive Board in the fields of cement production, forestry, methane production from agricultural waste, landfill gas collection, energy efficiency in steel production and hydropower, gas power plant refurbishment, gas power plant construction	international	since 2003
PDD- review for CDM-EB*	UNFCCC - Registration and Issuance Team	Evaluation of over 60 projects submitted for registration / issuance as a member of the Registration and Issuance Team	international	since 2006
CER- Channelling Malaysia II	Malaysian palm oil mill operator	Brokering of CERs from 3 potential CDM biomass (1x) and biogas projects (2x) in the palm oil industry in Malaysia with a total volume of 750,000 CERs until 2012. Perspectives is not longer involved in brokering.	Malaysia	2007
PIN- assessment KfW	Kreditanstalt für Wiederaufbau (KfW)	Assessment of 8 Project Idea Notes (PINs) submitted to the KfW Fund.	international	2004
PIN-assessment Helio	Helio International	Assessment of 4 PINs developed in the context of the SouthSouthNorth project.	international	2003