An independent commission provides harsh criticism of the economic analysis underlying the controversial decision to develop the 250-megwatt Bujagali hydropower project in Uganda.
Its conclusions provide arguments in favour of the alternative Karuma project, but stop short of calling Karuma a better choice.

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Aid-funded studies lead to Danish carbon credit purchase

US gov watchdog points to weaknesses in CDM

A new study carried out by the US Government Accountability Office (GAO) raises doubts about the CDM mechanism where rich countries invest in “green" projects in the developing world as a way of reaching their own emission reduction targets.