More than 100 groups of small-scale carbon-cutting projects have been registered under the UN’s emissions Clean Development Mechanism offsetting scheme since 2007, the body revealed yesterday.
Known as Programmes of Activities (PoAs), these umbrella groups of projects can include thousands of schemes that on their own may be too small to qualify for the CDM.
Combined, these distributed projects such as those designed to provide villagers with cleaner cooking stoves or solar lamps can share both the costs of CDM registration and transactions, as well as the investment risk.
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