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Letaba Biomass to Energy PDD - MyClimate

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foreign currency savings may result through a<br />

reduction of, for example, fossil fuel imports as a<br />

result of CDM projects. Any impact this has on the<br />

balance of payments of the recipient country may<br />

be compared with the baseline.<br />

Hard currency expenditures on technology,<br />

replicability and contribution <strong>to</strong> technological selfreliance:<br />

As the amount of expenditure on technology<br />

changes between the host and foreign inves<strong>to</strong>rs, a<br />

decrease of foreign currency investment may<br />

indicate an increase of technological sustainability.<br />

When CDM projects lead <strong>to</strong> a reduction of foreign<br />

expenditure via a greater contribution of<br />

domestically produced equipment, royalty<br />

payments and license fees, imported technical<br />

assistance should decrease in comparison with the<br />

baseline. Similarly a reduced need for subsidies<br />

and external technical support indicates increased<br />

self-reliance and technology transfer.<br />

(not an official Gold Standard criterion):<br />

Strengthening of local business<br />

Total score 1<br />

PROJECT DESIGN DOCUMENT FORM (GS-VER-<strong>PDD</strong>)<br />

Voluntary Offset Projects - Version 01<br />

This template shall not be altered. It shall be completed without modifying/adding headings or logo, format or font.<br />

page 47<br />

project any fuel is imported, this indica<strong>to</strong>r<br />

scores 0.<br />

0 Neither the fuel switch not energy efficiency<br />

improvements involve major technological<br />

changes.<br />

not counted The viability of <strong>Letaba</strong> Estates, an important<br />

employer in the region, will be<br />

strengthened.<br />

Total score of all criteria 8 no negative scores were recorded.

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