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Renewables growth-surge drives CERs; 1568 Million before the end of 2012 (or 314 MCERs in each of the 5 years

Forecasts from the UNEP Risoe CDM/JI Pipeline Analysis and Database projection was for Issued CERs until the end of 2012 for issuance in the period 2013-2020. The total issuance in the period 2013-2020 is expected to be 5593 MCERs or 699 MCERs/year in each of the nine years (this value was higher in earlier forecasts due to a double counting)

(Full Article)