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[T]here are two main problems. First, the technologies promoted to date have been regarded as too risky, because they are large scale and capital intensive, produce power which costs more (a financial risk) and also carry higher technological risks. And second, the need to reconcile the global, long-term benefit of lower greenhouse gas emissions with sufficient local benefits, i.e. more reliable generation of electricity at affordable prices.

STAP believes that promoting low greenhouse gas emitting technologies should remain fundamental to the GEF's work.

March 2004

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[S]cientifically and politically, adaptation to the impacts of climate change has emerged as one of the most urgent critically and contemporary societal issues. Adaptation is now recognised as an integral part of the response to the impact of climate change, because current agreements to limit emissions, even if implemented, will not stabilise atmospheric concentrations of greenhouse gas emissions and climate change. It is a process that needs to be incorporated in overall development planning, including the design and implementation of projects and programmes across all sectors. Furthermore, vulnerability reduction and by extension adaptation is neither a one-off intervention or stand-alone activity.

May 2002

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