Africa To Reap from CDM Projects .
By Charles Ogallo in Doha, Qatar. The time has come for Africa to reap the fruits of Clean Development Mechanism commonly known as CDM under the Kyoto Protocol, an international legally binding agreement. Among new investment initiatives aimed at tackling climate change as well as reducing greenhouse gases e missions globally , CDM has proved to be helpful in promoting sustainable development among communities facing the extremes of this global phenomenon especially in developing nations. Geothermal Power Project in Kenya. This follows an establishment of a loan scheme by United Nations Framework Convention on Climate Change UNFCCC to assist with project development in countries underrepresented in the CDM. The CDM loan scheme was officially launched on 18 April 2012, during the fourth Africa Carbon Forum in Addis Ababa, Ethiopia. Addressing a group of African Radio Journalists at the UN Climate Change Conference in Doha Qatar, Mr Conor Barry an ex...