Clean and transparent
The process of approving CDM projects, though generally much quicker than it used to be, is still not as transparent as people would like, finds Katie Holliday
Much has been done to make the process of approving projects under the Kyoto Protocol's Clean Development Mechanism (CDM) as smooth and transparent as possible, but many experts still feel more needs to happen.
Trading in CDM credits is a vital and growing part of the European Union's Emission Trading Scheme (EU ETS), and underpinning it is the guarantee that these projects fulfil strict criteria set out by the United Nations (UN). One such criterion is the concept of 'additionality'. The idea
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