Danish aid has resulted in the purchase by Denmark of CDM quotas from a palm oil project equivalent to 245,000 tonnes of CO2. Norway, about to enter the CDM market, has a different approach to using ODA.
Sweden electricity distribution in Tanzania, granting SEK 500 million for a new programme to provide access to electricity in six districts in the Iringa and Ruvuma regions. Three contracts will be put out on tender.
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.