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Francisco AscuiLecturer in Business and Climate ChangeUniversity of Edinburgh Business School What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

UN Clean Development Mechanism isn't perfect, but it works

May 27, 2008

Billions wasted on UN climate programme | www.guardian.co.uk

Recent reports provide fuel for the claim that billions of dollars spent subsidising projects to reduce greenhouse gas emissions in developing countries are being 'wasted', because projects would have gone ahead anyway. The underlying facts are essentially correct, but readers should beware drawing hasty conclusions. There are good reasons why some existing projects and projects which are implemented under national emission reduction policies should still get carbon credits.

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