1 Amendments of Fiona HALL related to 2008/2131(INI)
Amendment 3 #
Draft opinion
Paragraph 3
Paragraph 3
3. Points to the importance of the Clean Development Mechanism (CDM) as a tool to incentivise EU companies to invest in the Least Developed Countries (LDCs); believes that it is essential to ensure that the flow of private capital reaches most LDCs, and not just selective countries, as it is currently the case; stresses, however, that the CDM additionality concept must be strictly complied with and must be accompanied by real reductions in emissions in developed countries, as well as by the adaptation to and mitigation of the effects of climate change in developing countries;