
When the Clean Development Mechanism was first mooted, people in the development world, including CarbonAided's Dick Jones (former Senior Energy Adviser at the UK Department for International Development), had high hopes that this would provide a rich source of funding to support poverty reduction in developing countries.
However, most of the CDM projects to have been registered to date have done little to make any direct impact on poverty and it has even said that the only development test to be applied is that no actual harm is done!!