"We have been in close contact with our customers all the way and are grateful that our customers have shown patience with us during this time," says Henrik O. Madsen, DNV CEO.DNV was one of the first organisations to be accredited according to the CDM, and has so far validated close to 50% of the registered projects worldwide. Following the findings of the spot check in early November, the CDM Executive Board decided to temporarily suspend DNV's accreditation for the validation and verification of CDM projects.

The UN CDM Board has decided to monitor the activities of the DOE through a surveillance visit to be carried out within three (3) months to check the full implementation of all identified corrective actions and their effectiveness, in particular, review of all CDM project activities in response to the first non-conformity and evidences of internal audits at some sites and also monitor 5 projects at random for requests for registration/issuance to assess the competence for undertaking validation/verification activities.

During the suspension period, validation and verification work relating to ongoing projects continued as usual. No projects could, however, be submitted to UNFCCC for registration or requested for issuance of certified emissions reductions. Due to the fact that the on-going projects were progressing normally during the suspension period, only a limited number of projects experienced a delay in their validation and verification processes.