Analysing CDM : Project Size

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I will be starting a series of post of the CDM: what has been achieved over the past decade. The aim is to provide some analysis of the effectiveness and efficiency of CDM in light of the flood of recent criticisms.
The first post examines the scale distribution of CDM registered projects: Suffice to state that it is not as biased one would expect. Based on the most recent data from the UNFCC more than 43% of the projects registered under CDM are in fact small scale projects. In effect only about 57% of the 1534 projects under the CDM Scheme are large scale projects. Does this bode well for small developing states?

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