To achieve investment under the CDM, Africa, Caribbean and Pacific (ACP)
countries need to streamline their efforts in order to attract foreign
investors. Putting in place national clearinghouse agencies to identify,
verify, certify and monitor investments and emissions will go a long way in
doing this. It is expected that the CDM Susac project will lead to
identified investments in key sectors (primarily energy). These will be
identified in conjunction with market players, and will be developed through
operational national secretariats co-ordinating national and international
activities. These secretariats will identify and promote projects that meet
developmental and environmental objectives that result in accelerated
national growth on an equitable, low-carbon path.
CDM Susac is funded by the Directorate General Development of the European
Commission, and co-funded by the UK's Foreign and Commonwealth Office (FCO)
under its Climate Change Challenge Fund (CCCF)
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