The process for transitioning the design certified GS-CER projects to GS-VER stream has been simplified, however, the transitioning project/PoA/CPAs must demonstrate eligibility in accordance to the requirements provided in GHG Product Requirements, including but not restricted to – adjusting the crediting period and demonstrating compliance with the eligibility requirements if the CDM crediting period start date is before 01/01/2016. i.e. demonstrate that:
- that project faces a serious risk of discontinuation without carbon revenue, and
- how the project has been operational in the absence of carbon revenue, if carbon credits have not been issued to the project in recent years