This report covers the work of the Executive Board of the clean development mechanism in the reporting period from 1 September 2024 to 7 November 2024, including its 123rd meeting. During this period, the Executive Board continued the temporary measures for the operation of the clean development mechanism after the second commitment period, following the guidance of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol at its seventeenth session, and, with the clarity provided at that session on the functioning of the clean development mechanism after the second commitment period, the work will continue.