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World Bank: CDM Slow and Expensive

Posted by Environmental Leader on 28/08/2008

The World Bank recently said that the UN’s Clean Development Mechanism (CDM) is expensive and time consuming because it requires project managers to follow new rules regarding emission reduction technologies, Bloomberg reports.According to data on a UN Web site, of 3,788 projects that have applied for CDM emission credits, only 385 had received the [...]

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