Sustainable Development Funds and HFC Projects : Nordic Efforts and Climate Initiatives (I)

Through a consideration of issues and arguments relating to Sustainable Development, climate change, the use of re cyclable/ non recyclable products, this paper considers merits, as well as evaluation of costs attributable to related matters on the environment. It also addresses a range of other factors which are contributory – as well as detrimental to the environment, and to economic development.There remain serious obstacles in the way of progress in matters relating to collaborative projects on climate initiatives and sustainable development initiatives.For this reason, platforms of communicative and innovative exchange serve as vital tools for mitigating possible communication gaps which may hinder the achievement of essential goals and objectives. This paper further, highlights how and why global initiatives and efforts aimed at combatting the all important issue of global warming and the reduction of carbon emissions cannot be achieved without a unified approach which embraces a coordinated, cooperative system and which encompasses and requires a common framework of rules and standards.Herein lies the vital role of the judiciary and legislature, not only in matters attributable to accountability, but also facilitating a harmonized and unified approach to the adoption and interpretation of rules - such that consistency is facilitated – and disclosure enhanced. Further, uncertainty and inconsistency is reduced where a more harmonized approach to rule application is adopted