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What is a project proponent?

project proponent
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What is a project proponent?

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A project proponent — or project developer/operator — originates a project idea. The project proponent is the entity responsible for implementing the Clean Development Mechanism or Joint Implementation project activity, with due diligence and efficiency, and retains overall responsibility for the Project. The following types of organizations can be project proponents: private sector companies; governmental bodies (usually departments of governments); municipalities; foundations; financial institutions; others (e.g., non-governmental organizations, institutions).

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