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Published: 16 May 2012
 In April this year, UN introduced a new vehicle – the CDM Loan Scheme – to stimulate CDM project registration in currently under-represented CDM countries. Interest-free loans are given in an early phase of the CDM process, with payback time after the first issuance of CERs. Who will benefit from this scheme? Will Least Developed Countries (LDCs) see a significant increase in the number of projects or will most of the available capital go to more advanced, oil-rich developing countries that so far have not paid that much attention to CDM? Despite good intentions, it seems that the latter is the winner.

Further reading:

CDM Loan Scheme
UN decision on loan scheme
CDM Loan Scheme Self Assessment
Least Developed Countries



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