After careful consideration of the PDD in the given time, we conclude that if approved, this project would lead to an excess issuance of Certified Emissions Reductions (CERs) of beyond any actual emissions reductions and therefore must not be validated for a number of significant concerns.

Open letter against international credits integration into the EU 2040 climate target and NDC
CAN Europe, Carbon Market Watch and 131 other civil society organisations, academia and businesses have written to the European Commission to express extreme concern regarding the option