NEW DELHI: The UN’s Clean Development Mechanism (CDM) program is inviting the wrath of critics across the world. The criticism is gaining momentum even as the US Congress preparing to check global warming with a cap on greenhouse gases — and then allows firms to pollute if they buy ‘carbon offsets’ elsewhere. The UN started CDM to help companies in industrialised countries invest in projects in poorer nations that cut greenhouse gas emissions as part of their countries’ commitment under the Kyoto Protocol or the European Union’s emissions plan.
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