Mahlung acknowledges that there is a growing fissure within the CDM’s board regarding whether to register clean-energy projects in fast-developing countries such as China, where they may be commercially viable without CDM funds.
“The board itself will have to make a decision – they are not at one place,” Mahlung tells BusinessWeek. “For me personally, if the projects are achieving the ultimate objective of the convention, which is to reduce greenhouse gas emissions, then that should be paramount in the thinking.”
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