Monday, December 16, 2019

DT 21-22 / 2003

Kyoto Protocol penetrates Danish environmental aid strategy

The Danish government has launched a new strategy for environmental aid focusing on China, Indonesia and Malaysia. Its choice of cooperation countries, sectors and technical assistance is closely linked to Danish plans to buy up carbon dioxide quotas. In addition, DKK 400 million will be allocated outside the aid budget for the next four years to make use of the Clean Development Mechanism (CDM) under the Kyoto Protocol.

‘They do it their way. We do it our way.’

The merging of the aid and foreign affairs portfolios has definitely not caused Denmark to lose international influence on development policy issues.

SNPI turned down World Bank offer to finance Bujagali

The Norwegian hydropower company SN Power Invest (SNPI) has decided to turn down an offer from the World Bank to participate in the controversial Bujagali hydropower project. SNPI, which is a 50 per cent aid-financed entity, has concluded that Bujagali is “too complex" to become its first project in Africa. SNPI still aims to make investments in energy projects in Uganda and keeps the door open for other prospects, including the Karuma Falls hydropower project.