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Already published as editorial in CDM Investment newsletter, Issue #2–2005 on energy efficiency, by Peter Pembleton
Many decisions of the UNFCCC recognize the importance of energy efficiency; several Kyoto signatories have highlighted this as a key area for action; and the Marrakech Accords requested simplified approval procedures for small-scale CDM projects that included projects in energy efficiency that reduce up to the equivalent of 15 GWh per year. Yet…