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The Climate Development Mechanism (CDM) Loan Scheme: Is It Additional?

Publication date:
05 2012
Type of publication:
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This analysis of the new Clean Development Mechanism (CDM) loan scheme finds that although the scheme is targeted to least-developed countries (LDCs), the loan criteria include stringent repayment terms that are not in the favor of LDCs. Overall, the analysis finds that the program will encourage more CDM projects in LDCs; however, loan terms will likely favor more developed countries than LDCs.