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GLG News by Council Members Knowledgeable about Legal, Regulatory and Economic Issues Affecting Land Use, Water, and Air in the UK

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May 27, 2008
UN Clean Development Mechanism isn't perfect, but it works
Analysis of: Billions wasted on UN climate programme | www.guardian.co.uk
Author: Francisco Ascui, Director, Climate Managers
Recent reports provide fuel for the claim that billions of dollars spent subsidising projects to reduce greenhouse gas emissions in developing countries are being 'wasted', because projects would have gone ahead anyway. The underlying facts are essentially correct, but readers should beware drawing...

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